Royal Caribbean Group Stock Underperforms Thursday When Compared To Competitors
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Shares of Royal Caribbean Group (RCL) slipped 5.47% to $68.25 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.85% to 3,918.32 and Dow Jones Industrial Average falling 1.66% to 32,254.86. This was the stock's third consecutive day of losses. Royal Caribbean Group closed $19.43 below its 52-week high ($87.68), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Thursday, as Walt Disney Co. (DIS) fell 3.18% to $96.14 and Carnival Corp. (CCL) fell 5.13% to $9.99. Trading volume (4.2 M) eclipsed its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2023.
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March 09, 2023 17:22 ET (22:22 GMT)
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