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Even though inflation is still taking a massive bite out of household budgets, demand for cruises has been surging. Many major cruise operators reported record demand in recent weeks.
Norwegian Cruise Lines Holdings this week unveiled adjustments to the company's strategy as part of its investor day for analysts.
Norwegian Cruise Line is holding its Investor Day Monday, which involves discussion of a new comprehensive "Charting the Course" strategy. The strategy includes a refreshed vision, strategic initiatives and three-year financial and sustainability targets geared at enhancing shareholder returns.
Cruise line stocks Carnival and Royal Caribbean are moving Monday in the wake of Norwegian Cruise Line Holdings, which saw shares pop after the company raised its 2024 guidance and set new 2026 financial targets.
Stock Of The Day: Viking Holdings, parent of Viking Cruises, broke out. Cruise stocks sailed as Norwegian Cruise Lines hiked its outlook.