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Why is Royal Caribbean Group (RCL) Stock down?
We've noticed a 6.24% decline in Royal Caribbean Group (RCL) stock during the 2024-08-02 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
03 Oct, 2023:
Royal Caribbean Cruises Ltd. (RCL) dropped by 5.37% from $91.70 to $86.78 in the trading on Tuesday October 3, 2023. The reason why RCL stock down is due to investors appear to be cooling on cruise stocks. On the whole, travel stocks have seen huge gains recently, so some level of pullback isn't surprising and was likely inevitable. If travelers start staying home, then this could be just the beginning of a broader decline for the industry.
0.62%
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