Norwegian Cruise Line Holdings Lackluster Q2, Negative Guidance Drags on Hotel ETF
August 10, 2022 at 18:05 PM EDT
Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) shares plunged, pulling down hotel-related exchange traded funds, after the cruise line’s second-quarter results missed expectations and warned of continued losses until next year. On Tuesday, the Defiance Hotel Airline and Cruise ETF (CRUZ) fell 2.2% and the AdvisorShares Hotel ETF (BEDZ) dropped 3.2%. Meanwhile, Norwegian shares declined 11.5% [...] The post Norwegian Cruise Line Holdings Lackluster Q2, Negative Guidance Drags on Hotel ETF appeared first on ETF Trends .
