Norwegian Cruise Line Holdings (NYSE: NCLH) saw its stock drop 12.5% by 11:35 a.m. ET on Tuesday following the release of mixed earnings. The company reported an adjusted profit of $1.20 per share, surpassing analysts’ expectations of $1.16, but fell short on sales with $2.9 billion compared to the anticipated $3 billion. The earnings report contributed to the stock’s significant decline despite the earnings beat. Investors reacted negatively to the sales miss, impacting market confidence.
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