Down 66% From Its Highs, Should You Buy the Dip on This Cruise Stock?

Down 66% From Its Highs, Should You Buy the Dip on This Cruise Stock?

Royal Caribbean (NYSE: RCL) announced last week that demand for its cruises "remains strong, with bookings significantly outpacing 2019 levels." With its full fleet back in service, Royal Caribbean now looks to make up for lost vacation time. With headwinds still present, can Royal Caribbean fight its way back upstream?