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Shares of Royal Caribbean Group (RCL) slid 2.02% to $77.26 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
This was the stock's second consecutive day of losses.
Royal Caribbean Group closed $3.90 short of its 52-week high ($81.16), which the company reached on May 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Walt Disney Co. (DIS) fell 0.84% to $89.07 and Carnival Corp. (CCL) fell 3.35% to $10.67.
Trading volume (3.5 M) remained 116,308 below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 17:21 ET (21:21 GMT)
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