Why Norwegian Cruise Line Stock Is Slumping This Week
The cruise industry doesn't appear headed toward a full-blown recovery anytime soon, which is a big reason cruise stocks are unpopular this week. Of these, Norwegian Cruise Line Holdings (NYSE: NCLH) is sinking particularly low, with an 11% decline over the Monday-Thursday stretch.
Last week, cruise stocks were battered by a new analysis from influential investment bank Morgan Stanley. While he wasn't overly pessimistic, analyst Jamie Rollo did write that the anticipated recovery in the industry would occur in the first half of 2022, at the earliest.
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Source Fool.com
