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InvestorPlace

Norwegian Cruise Line Is Navigating Through a Hurricane of Problems

The novel coronavirus pandemic has disrupted the cruise industry globally. Prior to 2020, the industry had been experiencing a years-long boom. Now that a bet on the global reopening of the economies is gaining momentum, is it the right time to buy cruise stocks such as Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) stock? There are many factors to weigh in on, but NCLH stock has a lot of hurdles to deal with now. Unfortunately, things do not look as rosy as some may think. Source: Vytautas Kielaitis/shutterstock.com A well-known English proverb says “A smooth sea never made a skillful mariner.” There is also a popular Greek proverb that says “If you cannot catch a fish, do not blame the sea.” Both of these relate to the business conditions, challenges and risks that NCLH stock has to face now. InvestorPlace – Stock Market News, Stock Advice & Trading Tips Current Cruise Industry Challenges What do politics have to do with the state of the economy? A lot and nothing at the same time. But now, politics seem to play an important role in the reopening of the local and global economies. Recent news that the state of Florida sued the Centers for Disease Control and Prevention (CDC) and the Department of
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