Shares of cruise company Norwegian Cruise Line (NYSE:NCLH)
jumped 12.3% in the afternoon session after activist investor Elliott Management built a stake of more than 10% in the cruise operator and planned to push for changes at the company.
The cruise industry has long been the bellwether for global consumer discretionary spending, and as of February 17, 2026, all eyes are on Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH). After a volatile half-decade defined by pandemic-era shutdowns and a subsequent "revenge travel" boom, NCLH has entered a transformative new chapter. A recent 6.26% rally [...]
Norwegian Cruise Line Holdings disclosed that CEO and board member Harry Sommer stepped down on February 12, and the company named John Chidsey as the incoming CEO.
Consumer discretionary businesses are levered to the highs and lows of economic cycles. Over the past six months, it seems like demand trends may be working against their favor as the industry’s returns were flat while the S&P 500 was up 7.3%.
While some companies burn cash to fuel expansion, others struggle to turn spending into sustainable growth.
A high cash burn rate without a strong balance sheet can leave investors exposed to significant downside.
Value investing has produced some of the world’s most famous investing billionaires, including Warren Buffett, David Einhorn, and Seth Klarman, who built their fortunes by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
In a move that has sent shockwaves through the travel and leisure sector, shares of Royal Caribbean Group (NYSE: RCL) surged nearly 19% in a single trading session following the release of its fourth-quarter 2025 earnings. The rally, which saw the stock hit an all-time high of approximately $346 per
