In the prevailing news, Norwegian Cruise Line Holdings Ltd. (NCLH) continues to draw attention due to its notable market behaviour. Handelsinvest Investeringsforvaltning and Hodges Capital Management Inc. reportedly decreased their holdings in NCLH, while American International Group Inc. and Capital Research Global Investors are augmenting their stakes. NCLH shares have climbed 34%, surpassing the wider stock market gains.
American International Group Inc. has raised its position in NCLH, with B. Riley Wealth Advisors Inc. lowering their positions. Meanwhile, Global Assets Advisory LLC acquired 16815 shares of the company which signals investors' interest. On the downside, the company's stock fell amid profit-taking and reported a trading slump of 3% despite the positive thrust from a raised profit forecast.
Investors are also bullish due to NCLH's strong growth and return to full-year profitability, amid concerns over earnings misses. NCLH's stock is touted as undervalued with a huge upside as per one Wall Street Analyst, despite some quarters regarding it as a potential value trap. The near term foresees a fresh bout of challenges with NCLH striving for cost control and transformation.
Norwegian Cruise Line Holdings Ltd s NCLH News Analytics from Mon, 09 Mar 2020 07:00:00 GMT to Thu, 04 Jul 2024 10:21:53 GMT - Rating 2 - Innovation -3 - Information 7 - Rumor -1
