Royal Caribbean Cruises (RCL) Dropped, But What Is Driving Attention Now?

Royal Caribbean Cruises (RCL) heads into its upcoming Q3 report with expectations for earnings of $6.38 per share and an 8.7% revenue increase, putting the cruise operator’s recent performance squarely in focus for investors. Royal Caribbean Cruises’ share price has pulled back 3.4% in the last session to about $276, after a 20.1% share price gain over the past month that points to building short term momentum. Over a longer horizon, total shareholder return has declined 10.9% over the past...