Why Royal Caribbean Stock Jumped 41% in August
Royal Caribbean (NYSE: RCL) shares outpaced a booming market in August, notching a 41% return compared to the S&P 500's 7% increase, according to data provided by S&P Global Market Intelligence.
That rally erased just a small portion of recent losses for owners of the cruise ship giant, though. The stock remains lower by nearly 50% so far in 2020.
Source Fool.com