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Royal Caribbean Cruises (RCL) Jumped On Acquisition News

Royal Caribbean Cruises (RCL) announced Thursday morning that it has acquired a 66.7% equity stake in privately-held Silversea Cruises.

Royal Caribbean Cruises gapped up at the open Thursday and spiked higher in early trade, before settling into a range. Shares finished with a gain of 5.52 at $113.50 on strong volume. The stock broke out to a month and a half high.

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