Cruise stocks pull back after record 2023 gains, led by Norwegian, Royal Caribbean share selloffs

Shares of cruise operators were among the worst performers in the S&P 500 SPX, -0.53% to start 2024, after posting record yearly gains in 2023. Norwegian Cruise Line Holdings Ltd.’s stock NCLH, -6.91% fell 6.8% to lead the S&P 500’s losers, as it headed for a three-week closing low. The stock had soared 63.7% in 2023, to break the previous record of 37.8% in 2019 by a wide margin. The S&P 500’s second worst performer was Royal Caribbean Group’s stock RCL, -6.54%, which slumped 6.6%, which puts it on track ...