The country's second largest cruise line has been cut by more than half in 2020. It still floats.
Norwegian Cruise Line (NCLH) closed the most recent trading day at $16.20, moving +0.62% from the previous trading session.
Shares of cruise line stock Norwegian Cruise Line Holdings (NYSE: NCLH) dropped 5% in early trading Thursday before climbing back to a still disappointing 3.2% loss as of 1 p.m. EDT. Actually, the most obvious news item in cruise land is of the positive sort: This morning, investment bank Berenberg raised its price target on Norwegian rival Royal Caribbean (NYSE: RCL) to $60 a share. For one thing, Royal Caribbean shares were trading close to $60 a share even before Berenberg raised the price target, so the analyst promised little upside.