Royal Caribbean to buy 50% stake in Sandals Resorts for $3bn

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Go back to Royal Caribbean to buy 50% stake in Sandals Resorts for $3bn

Citi says buy the dip in this cruise stock

September 24, 2026 8:00 PM EDT

Citi opened a 90-day positive Catalyst Watch on a key cruise line stock in a note Thursday, telling investors that the recent sell-off in the shares after the company's Sandals Resorts deal could reverse in the coming months.

Royal Caribbean (NYSE: RCL) shares fell nearly 10% on Tuesday and Wednesday... More