Royal Caribbean (RCL) Stock Jumps 3.3%: Will It Continue to Soar?

Royal Caribbean (RCL) shares soared 3.3% in the last trading session to close at $238.43. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.9% loss over the past four weeks.Royal Caribbean’s stock rally is driven by strong demand for cruising, supported by both loyal repeat customers and an increasing number of first-time travelers. Exceptional booking trends and solid consumer spending, both onboard and through pre-cruise purcha ...