Why Norwegian Cruise Lines Rose 12.3% in March

Shares of Norwegian Cruise Lines (NYSE: NCLH) rose 12.3% in March, according to data from S&P Global Market Intelligence.

Norwegian Cruise Lines bounced back after a difficult February, when earnings numbers missed analyst expectations, and Russia's invasion of Ukraine sparked fear that international travel may decrease.

Yet in March, one of Norwegian's cruise lines released strong bookings, the CDC further relaxed cautious recommendations for cruises as the omicron variant receded, and two analysts upgraded the stock.

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Source Fool.com