Business

Shares of Norwegian Cruise Lines upgraded. UBS is optimistic in this area.



Norwegian Cruise Line Holdings

Stocks rallied in early Wednesday trading after

UBS

upgraded the stock to Buy from Neutral, citing a “significant improvement” in pre-orders.

Norway (ticker: NCLH) told investors last week that occupancy will reach around 82% in Q3, up from 65% in Q2. It also marks a strong booking trend and said significantly higher prices compared to 2019.

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