Norwegian Cruise Line shares fall on potential softness
From CNBC: 2025-04-30 16:02:00
The cruise industry faces uncertainty as consumer confidence wavers. Norwegian Cruise Line Holdings reports a decline in bookings to Europe from the United States. Revenue for the first quarter falls just short of expectations at $2.13 billion. Despite challenges, Norwegian maintains guidance on earnings and sees value in cruising during economic turmoil. Royal Caribbean also faces volatility but remains optimistic about consumer spending and value. Norwegian and Carnival Cruise Lines struggle with share prices despite record-breaking results. On-board spending remains stable as consumers prioritize vacations.
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