Norwegian Cruise Line Gains 9% as Oil Drops, Fuel Still in Focus
Norwegian Cruise Line Holdings shares rose 9.2% to $16.15 Wednesday afternoon, rebounding after a four-day slide as oil prices dropped nearly 6%. Director Jose E. Cil bought 15,000 shares this week, according to an SEC filing. UBS cut its price target on the stock to $17. Norwegian recently lowered its 2026 earnings forecast and said net yield would fall 3% to 5%.