Norwegian Cruise Line (NCLH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the closing of the recent trading day, Norwegian Cruise Line (NCLH) stood at $24.35, denoting a +1.04% move from the preceding trading day.
Activist investor Elliott Investment Management on Tuesday revealed it has built up a more than 10% stake in Norwegian Cruise Line and plans to launch a turnaround effort at the struggling ship operator.
Norwegian Cruise Line's stock is surging Tuesday, as an activist investor looks to shake up the cruise operator's business.
Activist investor Elliott Investment Management has built a more than 10% stake in Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) and plans to push for changes aimed at improving the cruise operator's performance, according to a Wall Street Journal report. Elliott, now among Norwegian's largest shareholders, outlined its intentions in a letter and presentation to the company on Tuesday.
Norwegian Cruise Line Holdings (NYSE:NCLH) faces mounting pressure after Elliott Investment Management disclosed a stake exceeding 10% and launched a comprehensive campaign demanding board overhaul and operational reform.
Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) stock is up 6.9% to trade at $22.97 at last glance, after The Wall Steet Journal reported that activist investor Elliott Investment Management has built an over 10% stake in the cruise name.
Norwegian Cruise Line shares rose on Tuesday after a report an activist investor has taken a stake and plans to shake up the struggling company.
The investment firm has a stake of over 10% and could run a proxy fight.
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Shares in Norwegian Cruise Line have underperformed its peer set significantly over the past year. The discount in valuation to both its peers and to the broader market indexes presents an attractive buying opportunity, in my view. I see the company benefitting from a strong wave season through 2026 and beyond.
Zacks.com users have recently been watching Norwegian Cruise Line (NCLH) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.