Why Norwegian Cruise Line Stock Is Sinking
Lower projected profits drove investors to abandon ship.
Overview
Shares of Norwegian Cruise Line Holdings (NYSE: NCLH) fell on Thursday after the fleet manager slashed its full-year earnings guidance.
Image source: Getty Images.
Norwegian's revenue rose 4.9% year over year to $2.6 billion in the second quarter, mainly due to increased capacity days.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.