Norwegian Cruise Line Jumps 32% On First Day After IPO – ValueWalk Premium
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Norwegian Cruise Line Jumps 32% On First Day After IPO

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) stock was trading high today, just one day after the firm went on the public market. The company went public yesterday on the Nasdaq exchange at $19 per share, but its stock has soared today, reaching above $25 per share at the time of writing.

The company, which offers worldwide cruises on its 11 ships, stated that the purpose of the IPO was to reduce . . .

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