If You Invested $1,000 in Norwegian Cruise Line's IPO, This Is How Much Money You'd Have Now
The open seas can go from being calm to viciously wild, and choppy waves have been the norm for shareholders of Norwegian Cruise Line Holdings (NYSE: NCLH) in the new normal. The pandemic has rocked -- and then buoyed -- the cruise industry, but where would you be if you managed to get in on the country's third-largest operator at its IPO?
The good news is that you would be sitting on a paper profit. The bad news is that you would have lost pretty badly to the market in that time. Let's look at Norwegian Cruise Line's market debut in 2013 and where that would leave you as an investor today.
An outer stateroom aboard Norwegian's Jewel. Image source: Norwegian Cruise Line.
Source Fool.com