With Covid-19 disruptions in the rearview mirror and the cruise industry back on track, another cruise line has taken a step towards possibly going public.
Melius Research believes a Viking IPO makes rational sense.
Norwegian Cruise Line , whose recovery has lagged its rivals, reported on Tuesday its first profitable year since 2019 .
While shares of Norwegian, Royal Caribbean and Carnival are all down so far this year, they had a blockbuster 2023.
A Viking IPO could bring both," he said.
Persons:
Conor Cunningham, Cunningham
Organizations:
Viking Holdings, U.S . Securities, Exchange Commission, Research, Norwegian Cruise, Norwegian, Royal, Royal Caribbean, Carnival
Locations:
Norwegian, Royal Caribbean