Norwegian Cruise Line Holdings Ltd. (NCLH) Declined on Investor Concerns Over New Cruise Tax

From Yahoo Finance: 2025-04-22 08:19:00

Ariel Investments released its first-quarter 2025 investor letter, reporting a -6.94% return underperforming major U.S. indices. Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) saw a one-month return of -21.32%, closing at $16.05 per share with a market cap of $7.261 billion on April 21, 2025.

In the same investor letter, Ariel Appreciation Fund noted concerns about a potential new tax on cruise lines affecting Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH). The company continues to deliver strong earnings and aims to right size its cost base for sustainable growth.

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) stock performance was discussed by Jim Cramer, noting its record growth. The company is not among the 30 most popular stocks among hedge funds, with 58 portfolios holding it at the end of the fourth quarter. Hedge funds see strong potential in AI stocks for higher returns.

Another article highlighted Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) as a top cruise stock pick, gaining momentum last quarter after surpassing revenue and earnings expectations. For more investor letters from hedge funds and leading investors, check out the hedge fund investor letters Q1 2025 page.

Read more: Norwegian Cruise Line Holdings Ltd. (NCLH) Declined on Investor Concerns Over New Cruise Tax