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NCL boss sells shares worth over 1 million dollars

Monday, 19 August 20193 min read
NCL boss sells shares worth over 1 million dollars

Norwegian Cruise Line boss Andy Stuart has sold shares in the cruise line worth $1.25 million.

On two separate days last week he sold a total of 25,000 shares at an average price of just over $50 per share.

That still leaves him with 344,173 shares, according to a filing with the US Securities and Exchange Commission.

The sale came after the cruise line reported record second-quarter earnings of $240.2 million for the three months to June 30.

The result was despite disruption to Cuba sailings due to a US government ban and technical issues on Norwegian Pearl.