Norwegian Cruise Line Holdings (NCLH.US) announced that it has priced its underwritten public offering of 40 million shares at $20.80 each. This secondary offering is expected to close on November 20, 2020, subject to customary closing conditions. The cruise line operator plans to use the money for general corporate purposes, as it tries to withstand the downturn in business caused by the pandemic. Barclays and J.P. Morgan are the underwriters.
Norwegian Cruise Line Holdings (NCLH.US) - buyers failed to break above the upper limit of the triangle pattern yesterday and price pulled back slightly. However as long as price sits above the major support at $18.83 then further upward move into $27.47 is possible. This level is additionnaly strengthened by 50 SMA (green line) and 200 SMA (red line). Slightly below lies the lower limit of the triangle pattern. In case of a break lower occurs, the next support to watch is $10.16. Source: xStation5
