Royal Caribbean Group Stock Underperforms Thursday When Compared To Competitors
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Shares of Royal Caribbean Group (RCL) slipped 0.85% to $90.24 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.62% to 4,293.93 and the Dow Jones Industrial Average rising 0.50% to 33,833.61.
The stock's fall snapped a nine-day winning streak.
Royal Caribbean Group closed $1.86 below its 52-week high ($92.10), which the company reached on June 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Walt Disney Co. (DIS) rose 0.01% to $92.53 and Carnival Corp. (CCL) fell 2.15% to $12.75.
Trading volume (3.2 M) remained 275,539 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 8, 2023.
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June 08, 2023 17:06 ET (21:06 GMT)
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