Over the weekend, four dozen passengers and crew members tested positive for Covid-19 on a Royal Caribbean (NYSE: RCL) cruise ship.
Details: There were over 6,000 passengers aboard the 7-day Symphony of the Seas Cruise that began and ended in Miami. 95% of all passengers were vaccinated, including 98% of the people who tested positive for Covid-19. All passengers age 12 and older had to be vaccinated.
Background: The pandemic has taken its toll on the cruise industry. While sailings are back, there are fears that the Omicron variant could force another shutdown in the industry.
Numbers: Shares of Royal Caribbean are up 2.39% this year, but down 17.15% in the last six months. The stock has not recovered to pre-pandemic levels.
Final Thoughts: Last month, Royal Caribbean also announced that CFO Jason Liberty will be taking over the CEO role from Richard Fain in January.