Royal Caribbean Group Stock Underperforms Tuesday When Compared To Competitors
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Shares of Royal Caribbean Group (RCL) slipped 1.77% to $76.96 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.46% to 4,119.17 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
The stock's fall snapped a three-day winning streak.
Royal Caribbean Group closed $1.42 short of its 52-week high ($78.38), which the company achieved on May 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Walt Disney Co. (DIS) fell 0.77% to $102.18 and Carnival Corp. (CCL) rose 0.38% to $10.65.
Trading volume (4.0 M) eclipsed its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 17:21 ET (21:21 GMT)
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