Why Norwegian Cruise Line Stock Recovered Today

Shares of Norwegian Cruise Line (NCLH +6.31%) rose on Monday after oil prices retreated from their highs.By the close of trading, Norwegian's stock price was up more than 6%. Welcome relief Fuel is typically one of the largest expenses for cruise ship operators. It therefore comes as no surprise that Norwegian's stock price took a hit in recent weeks, as oil prices surged amid intensified conflict in the Middle East.Additionally, consumers tend to pull back on vacations and other discretionary spending when ...

Why Norwegian Cruise Line Stock Recovered Today - Reportify