What's Going On With Royal Caribbean Stock Monday?

Shares of Royal Caribbean Cruises, Ltd. RCL are trading lower on Monday after Carnival Corp. CCL reported second-quarter earnings.

What To Know:

Royal Caribbean stock is trading over 2% lower in sympathy with Carnival after the company reported second-quarter financial results and issued guidance.

Carnival stock is trading over 11% percent lower despite the second-quarter earnings report which beat consensus estimates for both earnings and loss per share. Operating income was positive for the first time since the company resumed guest cruise operations, and Carnival reported continued acceleration in booking demand.

RCL Price Action: According to Benzinga Pro, Royal Caribbean shares are down by 2.61% at $95.63 at the time of publication.

Image: Courtesy of Royal Caribbean Cruises, Ltd.

RCLRoyal Caribbean Group

$208.000.40%