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-0.000574289765079683 3.58931103174419E-05 -0.00247626568080265 0.00145367096785762 0.000340984548015902 0.0039661886900808 0.00245867805674702 0.00445074567936688
Stock impact report

Why Is Royal Caribbean Stock Surging? [Forbes]

D/B/A Royal Caribbean Cruises Ltd. (RCL) 
Last d/b/a royal caribbean cruises ltd. earnings: 2/4 08:00 am Check Earnings Report
US:NYSE Investor Relations: rclcorporate.com/investors
Company Research Source: Forbes
The fundamental picture for RCL is bolstered by a potent combination of shareholder-friendly capital allocation and a favorable macroeconomic backdrop. The announced buyback and dividend underscore management's confidence in the company's financial strength and investment-grade balance sheet. The Board authorized a new $2 billion share repurchase program. A per share quarterly dividend was also announced. The Federal Reserve's rate cut is expected to boost consumer discretionary spending. Trade Mechanics: What Happened? The move was characterized by a significant spike in volume, though still below the one-month average. Short interest appears to have decreased leading up to this rally, suggesting this was not a primary short squeeze. Trading volume on December 11th was approximately shares. This is a decline from the average session volume of shares. Short interest as of late November was of the public float. How Is The Money Flowing? While the news of the buybac Show less Read more
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