Royal Caribbean Group Stock Rises Monday, Outperforms Market
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Shares of Royal Caribbean Group (RCL) advanced 1.34% to $76.12 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,136.28 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.
The stock's rise snapped a two-day losing streak.
Royal Caribbean Group closed $2.26 short of its 52-week high ($78.38), which the company reached on May 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Walt Disney Co. (DIS) rose 0.95% to $92.86 and Carnival Corp. (CCL) rose 4.88% to $10.31.
Trading volume (2.1 M) remained 1.6 million below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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May 15, 2023 17:21 ET (21:21 GMT)
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