CCL Stock – Royal Caribbean Group stock outperforms competitors on strong trading day
Shares of Royal Caribbean Group
rose 1.83% to $88.52 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.54% to 4,223.70 and Dow Jones Industrial Average
falling 0.77% to 34,033.67. The stock’s rise snapped a five-day losing streak. Royal Caribbean Group closed $10.72 short of 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 Wednesday, as Walt Disney Co.
fell 0.68% to $174.66, Marriott International Inc.
fell 0.62% to $143.21, and Carnival PLC ADR
rose 1.85% to $25.28. Trading volume (3.3 M) remained 301,349 below its 50-day average volume of 3.6 M.