Royal Caribbean Group Stock Falls Friday, Underperforms Market
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Shares of Royal Caribbean Group (RCL) shed 4.61% to $61.88 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. Royal Caribbean Group closed $25.80 below its 52-week high ($87.68), which the company achieved on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Walt Disney Co. (DIS) fell 1.16% to $93.20 and Carnival Corp. (CCL) fell 5.32% to $8.55. Trading volume (4.9 M) eclipsed its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 17:20 ET (21:20 GMT)
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