Royal Caribbean Group Stock Underperforms Monday When Compared To Competitors
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Shares of Royal Caribbean Group (RCL) shed 0.86% to $61.35 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. This was the stock's second consecutive day of losses. Royal Caribbean Group closed $26.33 below its 52-week high ($87.68), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Monday, as Walt Disney Co. (DIS) rose 1.09% to $94.22 and Carnival Corp. (CCL) rose 0.70% to $8.61. Trading volume (3.8 M) remained 205,861 below its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 17:20 ET (21:20 GMT)
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