Royal Caribbean Cruises Ltd. (NYSE:RCL), the second-largest cruise operator globally, has been making waves in the industry with its robust financial performance and strategic initiatives. With a market capitalization of $72.

Royal Caribbean Cruises Ltd.’s RCL share price has surged by 12.00%, which has investors questioning if this is right time to sell.

Royal Caribbean Cruises reported a 12.9% sales increase in Q4, reaching $3.761 billion, slightly missing analyst expectations. Passenger ticket revenues rose 13.7%. Adjusted EPS of $1.63 exceeded estimates.

Key Takeaways Shares in Royal Caribbean hit another record high Wednesday after soaring yesterday following a better-than-expected earnings report and outlook from the cruise line operator.The stock broke out of a falling wedge earlier this month,