In today’s post:
🚢 $13.89b Of Debt. One Boat.
🚢 $13.89b Of Debt. One Boat.
Norwegian just bought an island. Wall Street is still squinting at the debt.
$NCLH ( ▲ 13.45% ) trades just below $15. It owes $13.89 billion.
Only one of those numbers is getting any airtime from Wall Street. But is it a broken balance sheet, or mispriced boat?
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