Royal Caribbean Slides Amid Oil Price Increase, Insider Sales
Royal Caribbean Group stock is showing weakness. What’s driving RCL stock lower?Why Higher Oil Is A Headwind For RCLRoyal Caribbean also operates with a sizable debt load, so any unhedged fuel shock flows quickly into earnings, leverage ratios and free cash-flow expectations. The result is that a sustained move in oil toward multi-month highs can compress valuation multiples and trigger sharper downside in RCL as investors re-price its profit outlook.Cluster Of Insider Share SalesRoyal Caribbean is seeing a ...