Royal Caribbean Group Stock Falls Wednesday, Underperforms Market
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Shares of Royal Caribbean Group (RCL) slid 3.89% to $62.06 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. Royal Caribbean Group closed $25.62 below its 52-week high ($87.68), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Walt Disney Co. (DIS) fell 0.28% to $93.10 and Carnival Corp. (CCL) fell 3.75% to $8.73. Trading volume (5.7 M) eclipsed its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
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March 15, 2023 17:21 ET (21:21 GMT)
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