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Why Royal Caribbean Stock Jumped 40% in November


Royal Caribbean (NYSE: RCL) shareholders sailed past a surging market in November as their stock rose 40% compared to the 11% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

Yet the rally removed just a small portion of wider losses for the cruise ship giant, whose shares remain lower by 40% so far in 2020.

Image source: Getty Images.

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Source Fool.com

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