Royal Caribbean Group Stock Falls Friday, Underperforms Market
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Shares of Royal Caribbean Group (RCL) slid 1.46% to $60.85 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,970.99 and the Dow Jones Industrial Average rising 0.41% to 32,237.53. Royal Caribbean Group closed $26.83 short of 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 Friday, as Walt Disney Co. (DIS) fell 1.83% to $94.08 and Carnival Corp. (CCL) rose 0.11% to $9.23. Trading volume (4.0 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2023.
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March 24, 2023 17:20 ET (21:20 GMT)
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