3 Years Ago
1 Min Read

RCL down -8%. Here's why:



Royal Caribbean Cruises Ltd (RCL) is trading -8% lower at $35.48 today.

  • Royal Caribbean Starts $900 Million Bond Offering

Royal Caribbean Cruises Ltd has been trading between a 52-week high of $98.27 and a 52-week low of $31.09. The stock has a market cap of $9.05 Billion.

Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group, is a cruise vacation company that owns four global brands: Royal Caribbean International, Celebrity Cruises, Azamara and Silversea. Royal Caribbean Group is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Together, our brands operate 61 ships with an additional 15 on order as of December 21, 2020.

Headlines


Royal Caribbean Starts $900 Million Bond Offering. The Stock Drops.
Barron''s 08-01-22

JELD-WEN, Royal Caribbean Cruises And Some Other Big Stocks Moving Lower On Monday
Benzinga 08-01-22

PSNY Stock Alert: Will Partnerships Be Key for Polestar?
InvestorPlace 08-01-22

Royal Caribbean Shares Plunge After $900 Million Note Offering - BNN Bloomberg
BNN Bloomberg 08-01-22

RCL Stock Alert: Why Is Royal Caribbean Sinking Today?
InvestorPlace 08-01-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

ZombieFrenchKisser - 3 upvotes - source
ok w/e I FOMO'd into AMD and bought some RCL on this latest dip.

Far-Requirement9180 - 3 upvotes - source
RCL holy fook Lmao ![img](emote|t5_2th52|4271)

jamtradez - 1 upvotes - source
$RCL IS in trouble.. $33.7 target