Royal Caribbean Group Stock Falls Monday, Underperforms Market
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Shares of Royal Caribbean Group (RCL) shed 3.96% to $64.21 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.15% to 3,855.76 and Dow Jones Industrial Average falling 0.28% to 31,819.14. This was the stock's fifth consecutive day of losses. Royal Caribbean Group closed $23.47 below 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 Monday, as Walt Disney Co. (DIS) fell 1.04% to $92.60 and Carnival Corp. (CCL) fell 4.64% to $9.24. Trading volume (5.9 M) eclipsed its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
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March 13, 2023 17:21 ET (21:21 GMT)
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