Why Norwegian Cruise Line Stock Jumped Monday
Shares of Norwegian Cruise Line Holdings (NYSE: NCLH) jumped as much as 10% Monday after reporting better-than-expected first-quarter results. Today's bounce brings returns from the cruise operator's stock to almost 20% year to date. The quarterly period marked a sharp recovery for the business, with revenue of $1.8 billion compared to just $522 million in the prior-year period.