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.
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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