In a conference call with investors today, RCI reported 3rd quarter profits were 44% lower than the 3rd quarter of last year. This sent RCL stock below the $20 mark.
Booking for Christmas cruises are soft, and while they are still tacking a premium on the cruise fares for holiday sailings, they are not as high as in the past.
If you are thinking of a holiday cruise you might find a good deal with Royal Caribbean right now.
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Dave
Editor, CruiseReviews.com
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