Norwegian Cruise Line CEO: Why Wall Street Is Being Irrational on Our Stock

Norwegian Cruise Line is seeing solid trends across the board in its business. Yet, Wall Street has sent the stock lower by 6% this year.
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Norwegian Cruise Line (NCLH) - Get Report CEO Frank Del Rio is really surprised his stock is down 11% this year and trades at only 15 times forward earnings. 

To him, Wall Street -- concerned about growing supply growth in the cruise line industry -- is being irrational. Del Rio tells TheStreet his ships are packed out for this year at higher prices. Further, 2019 bookings are off to a strong start. 

Shares of the company popped 5% on Thursday following better than expected second quarter earnings.