Royal Caribbean Group Stock Falls 4.3%, Underperforms Market

Dow Jones

Aug 21

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Royal Caribbean Group slid 4.3% to $287.62 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.9% to 7,641.16 and Dow Jones Industrial Average falling 1.3% to 52,759.21.

Royal Caribbean Group closed 21.5% short of its 52-week high of $366.50, which the company achieved on August 29th.

The stock demonstrated a mixed performance when compared to some of its peers, as Walt Disney Co. rose 0.4% to $107.32, Carnival Corp. Ltd. fell 4.9% to $25.37.

Trading volume totaled 2.0 million, compared to the 50-day average of 2.3 million.

Data source: Dow Jones Market Data, FactSet

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