Why Norwegian Cruise Line Stock Slumped Today

Why Norwegian Cruise Line Stock Slumped Today
Rich Smith, The Motley Fool
·2 min read

Wednesday was a good day for cruise line stocks, with shares of Royal Caribbean (NYSE: RCL), Carnival Corporation (NYSE: CCL) (NYSE: CUK), and Norwegian Cruise Line Holdings (NYSE: NCLH) all closing higher despite bellwether stock Carnival reporting a big $2 billion generally accepted accounting principles (GAAP) loss for its fiscal first quarter 2021. Today is a bit different, with all three of the major cruise line stocks moving lower, led by Norwegian Cruise, which dropped more than 6% in the morning and remains down 2.4% as of 1:30 p.m. EDT.