Why Norwegian Cruise Line Stock Dropped After Earnings Today
Shares of Norwegian Cruise Line Holdings (NYSE: NCLH) tumbled 7.8% through 1:45 p.m. EDT this afternoon after the cruise operator reported its first-quarter 2021 earnings (read "losses") in the morning. With U.S. cruise lines still mostly confined to port, no one was expecting much in the way of earnings out of Norwegian today.