Why Norwegian Cruise Line (NCLH) Shares Are Moving
Portfolio Pulse from Henry Khederian
Shares of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) are trading higher by 7.2% amid broader strength in cruise stocks. This follows Carnival Corporation's Q2 financial results and guidance, which exceeded analyst expectations. Carnival's adjusted FY23 EBITDA is projected to surpass the previously guided range, despite an estimated unfavorable impact from fuel price and currency. NCLH has a 52-week high of $21.30 and a 52-week low of $10.47.
June 28, 2023 | 5:07 pm
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Norwegian Cruise Line's stock is trading higher following Carnival's strong Q2 results and guidance. The stock's 52-week high is $21.30 and low is $10.47.
Norwegian Cruise Line's stock is trading higher, likely due to the positive sentiment in the cruise industry following Carnival's strong Q2 results and guidance. This suggests that investors may be optimistic about the recovery of the cruise industry, which could positively impact NCLH's stock in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100