Royal Caribbean Group Stock Outperforms Competitors On Strong Trading Day
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Shares of Royal Caribbean Group (RCL) rallied 3.62% to $78.35 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.05% to 4,138.12 and the Dow Jones Industrial Average falling 0.17% to 33,618.69.
This was the stock's third consecutive day of gains.
Royal Caribbean Group hit a new 52-week high, surpassing its previous peak of $76.30, which the company reached on February 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Walt Disney Co. (DIS) rose 2.44% to $102.97 and Carnival Corp. (CCL) rose 5.99% to $10.61.
Trading volume (5.4 M) eclipsed its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2023.
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May 08, 2023 17:22 ET (21:22 GMT)
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