Several high-ranking executives at the
Royal Caribbean Group (RCL) have sold significant amounts of their shares, including President and CEO Michael Bayley, and EVP Harri Kulovaara. This has not halted RCL's upward momentum, with positive Q1 and Q4 earnings topping expectations and company stock consistently outperforming competitors. The Group has also raised their
full year guidance for multiple years in a row, reflecting strong economic performance. Theyplan to refinance with
$1.25 billion in senior unsecured notes. They also announced a partnership with Chantiers de l'Atlantique for another Oasis-Class ship and have implemented successful biofuel testing as part of their decarbonization efforts. Despite some losses, their stock continues to reach new 52-week highs, with analysts upgrading their stocks and raising price targets. The demand for cruises also remained robust, with records bookings reported. Additionally, RCL has partnered with notable brands like Hard Rock International, Seminole Gaming, and is testing the 'Utopia of the Seas' ship with over 900 experts on board.
Royal Caribbean Group RCL News Analytics from Tue, 11 Jul 2023 07:00:00 GMT to Fri, 24 May 2024 00:55:36 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor 2
