Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Investments»If You’d Invested $1,000 in Norwegian Cruise Line Stock 5 Years Ago, Here’s How Much You’d Have Today
    Investments

    If You’d Invested $1,000 in Norwegian Cruise Line Stock 5 Years Ago, Here’s How Much You’d Have Today

    July 13, 20242 Mins Read


    Compared to pre-pandemic prices, Norwegian Cruise Line stock still has a lot of catching up to do.

    Oh, what a difference a few months can make. Five years ago, Norwegian Cruise Line (NCLH 2.31%) stock sailed along and the travel market seemed entirely secure.

    Then, the COVID-19 pandemic struck and cruise activity came to a standstill. Now, in mid-2024, investors can see Norwegian Cruise Line’s recent progress — yet, for various reasons, the share price is nowhere near a full recovery.

    What happened to $1,000 invested in Norwegian Cruise Line stock?

    So, let’s say you were unfortunate enough to invest $1,000 in Norwegian Cruise Line stock five years ago, when it traded at around $49. If the share price is roughly $19 now, this represents a 61% decline.

    Thus, your $1,000 investment would currently be worth around $390. Clearly, it’s been rough sailing amid the choppy waters of the post-pandemic cruise-line market.

    This isn’t to suggest that Norwegian Cruise Line is hopeless. That’s far from the case as the company posted encouraging first-quarter 2024 financial results. Specifically, Norwegian Cruise Line’s revenue grew 20% year over year to $2.2 billion, and the company flipped from an adjusted net loss of $127.7 million in the year-earlier quarter to adjusted net income of $69.5 million in Q1 of 2024.

    The market’s still not convinced

    The lockdowns are old news and Norwegian Cruise Line’s ships are sailing. So, in light of Norwegian Cruise Line’s poor post-recovery performance, why hasn’t the market bid the share price back up yet?

    The most obvious culprit is consumer price inflation, the pinch of which is still felt by middle-class America, even if the headline numbers seem to be gradually improving. Moreover, as Bank of America analysts observed, cruise-line operators like Norwegian Cruise Line don’t have the pricing power they once had.

    Additionally, many investors have rotated into mega-cap technology stocks, so Norwegian Cruise Line stock may have been left behind in the rush to the “Magnificent Seven.” Rotation can work both ways, however, and the next five years could reward patient Norwegian Cruise Line stockholders.

    Bank of America is an advertising partner of The Ascent, a Motley Fool company. David Moadel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bank of America. The Motley Fool has a disclosure policy.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    5 key investing questions answered – from first steps to fund choices

    Investments

    Top Safe-Haven Investments During a Crypto Market Slump

    Investments

    Bank boss moves to put brakes on debt-selling scheme in rare boost for Chancellor

    Investments

    Former Barcelona star and World Cup winner ‘returns to former club to announce retirement at just 31’

    Investments

    Toto Wolff dismisses Ferrari with blunt Lewis Hamilton F1 retirement claim

    Investments

    Terrified Cattle Dog Puppy Who Was Left In Dumpster Bonds Immediately With New Kitten Sister

    Investments
    Leave A Reply Cancel Reply

    Top Picks
    Stock Market

    Is AI The Scapegoat Employers Use To Explain Technology Layoffs?

    Cryptocurrency

    10 Best Cryptocurrency Affiliate Programs of 2024 – Earn Passive Income

    Stock Market

    Top TSX Dividend Stocks To Watch In June 2025

    Editors Picks

    Two Polk County youth selected as MN 4-H Agriculture Ambassadors

    October 10, 2024

    Vizsla Silver boucle une levée de fonds de 100 millions USD par placement d’actions

    June 26, 2025

    Retirement Starts Now: Office of Human Resources to host retirement planning sessions for mid-career employees  

    August 7, 2024

    L’attractivité de la tech pourrait être redéfinie à moyen terme

    March 11, 2025
    What's Hot

    A Fintech Innovator for Retirement Portfolios

    October 15, 2024

    You can get paid $14,000 for these energy-bill-slashing home upgrades — courtesy of the government

    October 14, 2024

    Clear legal frameworks crucial to manage digital assets: Experts

    February 24, 2025
    Our Picks

    Big firms hit with property tax bill; BBC Glastonbury criticism; Marcos set to return – Car Dealer Magazine

    June 29, 2025

    EUR 10 Years IRS Interest Rate Swap Données Historiques sur les Obligations

    April 22, 2025

    Macron urges EU firms to pause investments in US after Trump’s ‘Liberation Day’ tariffs – Firstpost

    April 3, 2025
    Weekly Top

    Titan vs Kalyan Jewellers vs Senco Gold: Which jewellery stock to buy amid rising gold prices, India-US trade deal buzz?

    September 13, 2025

    Silver emerges as strategic metal in age of energy transition

    September 13, 2025

    How Attractive Is Realty Income After Recent Share Price Gains?

    September 13, 2025
    Editor's Pick

    Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

    July 12, 2024

    North Dakota may begin investing in Gold and Silver Bullion

    March 10, 2025

    Stablecoins, Blockchain To Have “ChatGPT Moment”: Citigroup

    April 25, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.