Why Norwegian Cruise Line Stock Just Fell 6%
Shares of Norwegian Cruise Line Holdings (NYSE: NCLH) were down 6.2% on Wednesday as of 2:10 p.m. EDT. Although there doesn't seem to be any news concerning Norwegian that would account for the decline, there is some news about its rivals.
Image source: Getty Images.
Yesterday, Carnival (NYSE: CCL) and Royal Caribbean (NYSE: RCL) had news of the bad variety. Royal Caribbean got hit with an analyst warning that its losses in 2020 could be nearly triple what had been projected earlier, and 2021 losses could be more than three times worse than estimated.
Source Fool.com
