Norwegian and Carnival Stocks Hit 52-Week Lows

Norwegian Cruise Line Holdings and Carnival Corporation shares both touched 52-week lows on Thursday, September 10, as cruise stocks came under renewed pressure. Cruise Industry News reported Norwegian traded as low as $14.48 while Carnival fell to $22.28. MarketWatch separately showed Norwegian closing at $14.57, down 1.89% for a fourth straight losing session, on heavier-than-average volume.

Industry reporting pointed to two issues weighing on sentiment: sharply higher fuel prices tied to the Middle East conflict and Wall Street concern about 2027 first-quarter Caribbean capacity and pricing. Royal Caribbean, Viking and Lindblad shares also fell Thursday, though they remained above their own 52-week lows.

SOURCE: Cruise Industry News

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John Shallo
John Shallohttp://www.cruiseaddicts.com
John Shallo is the founder and editor of Cruise Addicts, one of the web’s longest-running cruise travel communities. Since 1999, Cruise Addicts has been a trusted destination for cruise travelers seeking the latest industry news, in-depth ship reviews, expert travel tips, and a passionate community of self-proclaimed cruise enthusiasts.