Shares closed at $18.19 on Monday, 33.08% below their 52-week high of $27.18 set in September.
Trading volume was 12.4 million, significantly below the 50-day average of 22.9 million, indicating reduced investor activity.
While Walt Disney Co. and Carnival Corp. also declined, Norwegian Cruise Line Holdings Ltd. underperformed both during a mixed session for major US indices.
As NCLH struggles with pricing, are its rivals poised to capture more of the cruise market share?
Is Norwegian's massive $14.6 billion debt a ticking time bomb or manageable with strong cruise demand?
How will rising fuel costs and global tensions impact NCLH's fragile financial recovery this year?
With a new CEO, can Norwegian Cruise Line fix its 'execution missteps' and close the gap with rivals?
Is NCLH stock an undervalued recovery play or a classic value trap for investors?