All articles tagged with #nclh
Shares of Norwegian Cruise Line (NCLH) rose about 11% after Elliott Investment Management disclosed a stake above 10%, signaling a potential turnaround and even a proxy fight to push changes; the activist notes underperformance versus peers and hints at leadership and financial-driven strategies as rivals rebound post-pandemic.
Norwegian Cruise Line (NCLH) reported a fourth-quarter loss but saw its stock rise on positive first-quarter guidance and a full-year outlook that met Wall Street expectations. The company's revenue jumped 32% from 2019, with record-level bookings and increased demand indicating a strong recovery for the cruise industry. Despite facing higher labor and fuel costs, Norwegian Cruise Line is set up for profitability in 2024, buoyed by strong advance ticket sales and the introduction of new fleets.