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Norwegian Cruise Line (NCLH) Is Losing Ground After Secondary Offering

Norwegian Cruise Line (NCLH) announced a secondary public offering of 15 million of its ordinary shares by certain shareholders after the close Thursday.

Norwegian Cruise Line gapped open sharply lower Friday and has continued to lose ground in early trade. Shares are now down 2.45 at $54.63 on above average volume. The stock has dropped to a 2-week low.

by RTT Staff Writer

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