Can You Still Make Money on Royal Caribbean Stock?
Royal Caribbean Cruises .(RCL) The Motley Fool·2024-07-21 11:15
Cruise ship operator Royal Caribbean Cruises (RCL 2.50%) has been having a breakout year. The company has more than fully recovered from the pandemic lockdowns, and its stock has recently reached all-time highs. With such large stock price gains in a few years, it's fair to wonder whether there's still time to get in on this bull run. Perhaps most importantly, Royal Caribbean refinanced its $3 billion revolving credit facility and $500 million term loans into a new $3.5 billion multiyear credit facility. Th ...