Cruise Stocks Surge... NCLH's Market Cap Increased by 800 Billion Won in a Day

Shares of Norwegian Cruise Line Holdings (NCLH) closed at $20.20 on the New York Stock Exchange, up 6.6% from the previous session. The company’s market capitalization rose by about $650 million to roughly $9.2 billion, with trading volume of 11.84 million shares.

In its March 2 release, NCLH reported an adjusted EPS of $0.28 for 2025, slightly exceeding its guidance, and projected adjusted EBITDA of approximately $2.95 billion for 2026. Earlier this month, it took delivery of its next-generation vessel, the Norwegian Luna, reaffirming its fleet expansion plans.

Headquartered in Miami, Norwegian Cruise Line Holdings is the world’s third-largest cruise holding company, operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. In February, the board appointed John W. Chidsey as president and CEO, continuing efforts to reduce post-pandemic debt and enhance profitability.