Please ensure Javascript is enabled for purposes of website accessibility

Coronavirus Rampant on Quarantined Carnival Cruise Ship

By Rich Smith - Updated Feb 10, 2020 at 4:39PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

In five days, infections jump from 10 to 135.

Passengers aboard a Carnival (CCL -2.08%) cruise liner quarantined off the coast of Japan are trapped in a living nightmare.

Quarantined since last week, when 10 passengers were discovered to be infected with the virus, the Diamond Princess cruise ship has suffered an explosion of infections since being forbidden to offload in -- or leave -- Japan. In a press release last night, Princess Cruises (the Carnival subsidiary that operates the ship) confirmed that infections aboard the Diamond Princess now number 135, and include affected citizens from Argentina, Australia, Canada, Japan, the Philippines, Ukraine, the UK, and the U.S.  

Royal Caribbean's Diamond Princess cruise ship

Image source: Princess Cruises.

In its statement, Princess Cruises said "it was not unexpected that additional cases would be reported involving individuals who were exposed prior to the start of the quarantine," which will extend through February 19. 

That exceeds by a factor of 10x the reported infection rate in Mainland China, where so far "only" 40,196 cases have been reported.  

Worldwide, Johns Hopkins University reports there have now been 40,787 cases of coronavirus reported, 910 deaths, and 3,578 patients recovered from the illness. Globally, the coronavirus has now claimed more lives than were lost in the 2002-2003 SARS outbreak (774 reported fatalities).  

Carnival stock has declined 19.5% from its high hit on January 17 through Monday's closing share price of $41.78.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Carnival Corporation Stock Quote
Carnival Corporation
CCL
$10.33 (-2.08%) $0.22

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
332%
 
S&P 500 Returns
115%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 06/28/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.