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Why Norwegian Cruise Line Was Riding a Rising Tide This Week

TheMotleyFool

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Why Norwegian Cruise Line Was Riding a Rising Tide This Week: https://g.foolcdn.com/editorial/images/767585/happy-woman-looking-at-sea-from-a-cruise-ship.jpg

Shares of Norwegian Cruise Line (NYSE: NCLH) were cruising higher this week after the travel and tourism company delivered better-than-expected results in its fourth-quarter earnings report, showing that demand for its cruises remains strong.

Norwegian edged out revenue estimates and offered better-than-expected guidance for 2024, showing that its recovery is expected to continue. As of Thursday's close, the stock was up 20% for the week, according to data from S&P Global Market Intelligence.

Image source: Getty Images.

Source Fool.com