Royal Caribbean Group Stock Underperforms Wednesday When Compared To Competitors
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Shares of Royal Caribbean Group (RCL) slipped 1.45% to $72.20 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 3,992.01 and the Dow Jones Industrial Average falling 0.18% to 32,798.40. This was the stock's second consecutive day of losses. Royal Caribbean Group closed $15.48 short of its 52-week high ($87.68), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Walt Disney Co. (DIS) rose 0.24% to $99.30 and Carnival Corp. (CCL) fell 3.13% to $10.53. Trading volume (2.9 M) remained 751,858 below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 8, 2023.
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March 08, 2023 17:20 ET (22:20 GMT)
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