Why Royal Caribbean Stock Fell 13% in October

Royal Caribbean (NYSE: RCL) shareholders trailed a declining market in October as the stock dropped 13% compared to the S&P 500's 2.8% drop, according to data provided by S&P Global Market Intelligence.

That rally only erased a portion of the cruise ship giant's broader losses, though, and the stock is down by more than 50% in 2020.

Image source: Getty Images.

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Source Fool.com