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Shares of Royal Caribbean Group (RCL) rose 4.09% to $79.59 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,158.77 and the Dow Jones Industrial Average rising 1.24% to 33,420.77.
This was the stock's third consecutive day of gains.
Royal Caribbean Group hit a new 52-week high, surpassing its previous peak of $78.38, which the company achieved on May 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Walt Disney Co. (DIS) rose 1.97% to $92.77 and Carnival Corp. (CCL) rose 6.56% to $11.04.
Trading volume (6.7 M) eclipsed its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2023.
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May 17, 2023 17:21 ET (21:21 GMT)
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