The Latest Breaking News from Norwegian Cruise Line

Norwegian Cruise Line shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 76 to 81.

The sky-high inflation is far from the Fed’s target, heightening the recession concerns. Cruise companies might feel the brunt as consumers tend to cut back on discretionary spending during economic slowdowns. Thus, we believe fundamentally weak stocks such as Royal Caribbean Cruises (RCL), Carnival Corporation (CCL), and Norwegian Cruise Line…

A whale with a lot of money to spend has taken a noticeably bullish stance on Norwegian Cruise Line. Looking at options history for Norwegian Cruise Line (NYSE:NCLH) we detected 13 strange trades.

Upgrades

The travel industry has been under pressure due to sky-high inflation and the rising odds of a recession. Moreover, the industry is struggling with an acute labor shortage. Hence, fundamentally weak travel stocks Carnival Corporation (CCL) and Norwegian Cruise Line (NCLH), which have incurred significant losses this year, could be…

Cruise line operator Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) saw its stock fall 43% in 2022 as the cruise industry felt the impact of COVID-19 restrictions and co

The Fed's hawkish monetary policy approach has significantly impacted investors' confidence this year. Moreover, with the Fed indicating more rate hikes in the coming months, the stock market is expected to remain under pressure in the near term. Therefore, we think it could be wise to avoid fundamentally weak stocks…

Gainers

Despite gaining more than 15% in price over the past three months, Norwegian Cruise Line Holdings (NCLH) is down close to 35% year-to-date. With the Fed reiterating its aggressive monetary policy stance, it could be wise to sell the stock before it plunges even lower. Read on….