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Stock Alert: Carnival Corporation Trading 38% Higher

Shares of leisure travel company Carnival Corporation & Plc (CUK) are rising more than 38% Monday morning at $16.51.

U.S.Market is on the rise today morning after drug maker Pfizer and BioNTech announced that their late-stage Covid-19 vaccine has proved to be more than 90% effective.

Whole of travel industry and leisure travel in particular has suffered a massive blow from the pandemic. Stock is reacting positively to this promising news, besides Joe Biden's victory.

CUK has been trading in the range of $7.08- $49.03 in the last one year.

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