Royal Caribbean Group Stock Falls Wednesday, Underperforms Market
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Shares of Royal Caribbean Group (RCL) shed 0.35% to $71.51 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.16% to 3,991.05 and Dow Jones Industrial Average falling 0.26% to 33,045.09. This was the stock's fourth consecutive day of losses. Royal Caribbean Group closed $16.17 below its 52-week high ($87.68), which the company achieved on April 21st.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Walt Disney Co. (DIS) fell 0.40% to $101.68 and Carnival Corp. (CCL) fell 0.81% to $11.04. Trading volume (2.0 M) remained 1.8 million below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 22, 2023.
(END) Dow Jones Newswires
February 22, 2023 17:21 ET (22:21 GMT)
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