- As part of Wedbush's negative take on Norwegian Cruise Line Holdings (NCLH -1.1%), the firm notes travel agent contacts are saying election anxiety has impacted demand in a negative manner.
- The theory falls in line with a soft reading on the Bloomberg Consumer Comfort Index yesterday and a crushing drop in the University of Michigan consumer sentiment gauge today.
- If Wedbush is right, the demand blow from election fixation could also be a factor for Royal Caribbean (RCL -1.8%) and Carnival (CCL -0.7%).
- Previously: Expect retailers to play the election card (Oct. 8)
- Previously: Wedbush warns on Norwegian Cruise Line Holdings (Oct. 14)
Soft cruise demand tied to election anxiety
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Symbol | Last Price | % Chg |
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NCLH | - | - |
Norwegian Cruise Line Holdings Ltd. |