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Royal Caribbean Cruises (RCL) Is Up Sharply After Buying Stake In Silversea

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 Friday and has risen sharply in early trade. Shares are now up 5.94 at $113.92 on above average volume. The stock has jumped to a month and a half high.

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