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Updated · MarketWatch · May 7Norwegian Cruise Line stock falls 2.99% and underperforms competitors
8 articles · Updated · MarketWatch · May 7
- Shares closed at $17.22 on Thursday as the S&P 500 fell 0.38% and the Dow Jones Industrial Average dropped 0.63%.
- The stock finished 36.64% below its 52-week high of $27.18 reached on 12 September, while Disney rose 0.56% and Carnival fell 1.89%.
- Trading volume reached 25.1 million shares, above its 50-day average of 23.1 million, during a broadly weak market session.
With an activist investor pushing for change, can Norwegian Cruise Line finally outperform its rivals and unlock its hidden value? As Middle East tensions roil fuel prices, is Norwegian's struggle a warning sign for the entire travel industry?