Royal Caribbean Group Stock Falls Tuesday, Still Outperforms Market
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Shares of Royal Caribbean Group (RCL) slipped 1.21% to $73.26 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. The stock's fall snapped a four-day winning streak. Royal Caribbean Group closed $14.42 below its 52-week high ($87.68), which the company achieved on April 21st.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Walt Disney Co. (DIS) fell 1.59% to $99.06 and Carnival Corp. (CCL) fell 1.81% to $10.87. Trading volume (2.2 M) remained 1.5 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 17:21 ET (22:21 GMT)
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