Why Carnival Corporation, Norwegian Cruise, and MGM Resorts Stocks Dropped Today
The delta variant of the coronavirus has at least one travel and leisure CEO concerned.
Norwegian Cruise Line Holdings
| Symbol | Last Price | Market Cap | % Δ 1 Yr | % Δ 5 Yr |
|---|---|---|---|---|
|
NCLH
Norwegian Cruise Line Holdings
|
$24.59 | $9B | 40.4% | -30.2% |
|
SBUX |
$119.34 | $141B | 42.3% | 140.4% |
|
CMG |
$1,901.03 | $53B | 46.5% | 343.2% |
|
MTN |
$300.07 | $12B | 41.4% | 106.2% |
|
TXRH |
$91.94 | $6B | 48.0% | 128.2% |
The delta variant of the coronavirus has at least one travel and leisure CEO concerned.
How long can Norwegian stock keep rising in the face of rising Covid-19 numbers?
The country's third-largest carrier finally clears a legal hurdle to sail on its terms out of Florida this weekend. It's still not pretty.
NCLH earnings call for the period ending June 30, 2021.
The recovery for this cruise operator has hit a snag, but shares are still up 75% in the past 12 months.
The strong sell-offs for these companies point to a shadow that could hang over these stocks for months or more.
The first of Norwegian's twenty-eight ships is back in the water and sailing again today.
Investors are afraid of the effects of the delta variant.
General pessimism over the cruise industry's recovery is compounded by a company lawsuit against the state of Florida.
Norwegian Cruise Line and American Airlines aren't holding up as well as their recent market performance may suggest.