Why Norwegian Cruise Line Holdings Stock Just Sank 5%
At first glance, today looked almost "normal" for cruise line stocks. With the S&P 500 roughly flat, but optimism growing that cruise lines will be able to slowly resume sailing in a month or so, shares of Carnival (NYSE: CCL) and Royal Caribbean (NYSE: RCL) were both modestly higher early today, up about 1% apiece.
But in contrast to its peers, shares of Norwegian Cruise Line Holdings (NYSE: NCLH) were down 6% at 10:20 a.m. EST on Wednesday.
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Source Fool.com
