Norweigian Cruise Line Holdings shares are trading lower after the company said it expects full-year occupancy going forward to be roughly 200 bps lower than 2019 levels.
Portfolio Pulse from Benzinga Newsdesk
Norwegian Cruise Line Holdings (NCLH) expects full-year occupancy to be approximately 200 basis points lower than 2019 levels, which has led to a decrease in its share price.
August 04, 2023 | 9:14 am
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NEGATIVE IMPACT
NCLH's announcement of lower expected occupancy has negatively impacted its stock price.
NCLH's announcement of lower expected occupancy indicates a potential decrease in revenue, which is a negative signal to investors. This has led to a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100