BUZZ-Norwegian Cruise Line jumps after report activist Elliott built 10% stake

Norwegian Cruise Line Holdings Ltd. +4.10% Pre

Norwegian Cruise Line Holdings Ltd.

NCLH

21.09

21.05

+4.10%

-0.20% Pre

** Shares of cruise operator Norwegian Cruise Line Holdings NCLH.N rise 8.8% to $23.4 premarket

** WSJ reported on Monday that activist investor Elliott built more than a 10% stake in NCLH and plans to push for changes

** Elliott aims to improve both the company's financial performance and guest experience and has approached a former Royal Caribbean executive as a potential board nominee - report

** NCLH previously said it expects Q4 profit, due to be released later this month, below expectations

** Fourteen of 25 analysts covering the stock rate it "buy" or higher, rest "hold"; median price target is $27

** As of last close, NCLH down more than 3.7% YTD


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