CCL Stock – Royal Caribbean Group stock outperforms competitors despite losses on the day
Shares of Royal Caribbean Group
slid 1.16% to $86.93 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.20% to 4,246.59 and Dow Jones Industrial Average
falling 0.27% to 34,299.33. This was the stock’s fifth consecutive day of losses. Royal Caribbean Group closed $12.31 below its 52-week high ($99.24), which the company achieved on February 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Walt Disney Co.
fell 1.30% to $175.86, Marriott International Inc.
rose 0.15% to $144.11, and Carnival PLC ADR
fell 0.80% to $24.82. Trading volume (2.4 M) remained 1.1 million below its 50-day average volume of 3.6 M.