Why Royal Caribbean Stock Soared After Huge News Today

Shares of Royal Caribbean Group (RCL 12.68%) hit an all-time high today after the cruise ship operator reported solid earnings and strong guidance, as well as made a major new announcement. The stock, which has more than doubled over the past year, was trading higher by 13.4% at 1:45 p.m. ET.Taking on the river cruise trendRoyal Caribbean CEO Jason Liberty said the company has been seeing a significant increase in demand for its various brands, and now the company is adding a new one to offer river cruises. ...