Poor Market and Norwegian Cruise Line Holdings Ltd. Stock Status

577

A recent news article published in the Marketwatch reveals about the Norwegian Cruise Line Holdings Ltd. stock fall  and underperforming market.

Shares of Norwegian Cruise Line Holdings Ltd.

Shares of Norwegian Cruise Line Holdings Ltd. NCLH, +1.27% shed 2.63% to $25.16 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.28% rising 0.03% to 4,524.09 and the Dow Jones Industrial Average DJIA, +0.37% falling 0.14% to 35,312.53.

Norwegian Cruise Line Holdings Ltd. closed $9.33 short of its 52-week high ($34.49), which the company achieved on March 4th.

Underperformance of stocks

The stock underperformed when compared to some of its competitors Wednesday, as Royal Caribbean Group RCL, +0.84% fell 0.59% to $82.24, Carnival PLC ADR CUK, +1.95% fell 2.14% to $21.51, and Carnival Corp. CCL, +2.17% fell 2.61% to $23.51.

Trading volume (12.0 M) remained 2.8 million below its 50-day average volume of 14.8 M.

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source: Market Watch