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-0.000757575757575741 -0.000378787878787938 0 0.0109848484848485 -0.0105984848484849 -0.000757575757575741 -0.00833333333333342 -0.00833333333333342
Stock impact report

Why Norwegian Cruise Line, Carnival, and Royal Caribbean Stocks All Popped on Tuesday [The Motley Fool]

Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) 
Last norwegian cruise line holdings ltd. ordinary shares earnings: 2/20 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: nclhltdinvestor.com/investor-relations
Company Research Source: The Motley Fool
What happenedShares of cruise line stocks jumped on Tuesday as investors started to get a feel for what cash burn during their shutdown looks like and what the eventual recovery might be like.Norwegian Cruise Line(NYSE:NCLHIt was no surprise thatCarnivalNYSE:CCLRoyal CaribbeanNYSE:RCLImage source: Getty Images.So what?The move was really driven by Norwegian Cruise Line releasing a business update that highlighted what it's done to reduce costs. Management said that operating expenses during suspended operations would be about $70 million to $0 million per month. That's a useful figure for investors, because we can then figure out how long the company can go without revenue.Norwegian Cruise Line has also identified $ million of capital expenditure reductions for 00, a total of $ million through March , 0.When operating expenses, capital expenses, and debt costs are added up, management estimates there will be about $0 million to $0 million of cash burn while operations are down. Given Show less Read more
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