Archon Capital Management Has Increased Royal Caribbean Cruises LTD (RCL) Stake; Boeing Co (BA) Holder Boyd Watters…


Archon Capital Management Llc increased its stake in Royal Caribbean Cruises Ltd (RCL) by 26.76% based on its latest 2018Q3 regulatory filing with the SEC. Archon Capital Management Llc bought 12,000 shares as the company’s stock declined 15.38% with the market. The hedge fund held 56,845 shares of the marine transportation company at the end of 2018Q3, valued at $7.39 million, up from 44,845 at the end of the previous reported quarter. Archon Capital Management Llc who had been investing in Royal Caribbean Cruises Ltd for a number of months, seems to be bullish on the $24.62B market cap company. The stock increased 1.30% or $1.51 during the last trading session, reaching $117.8. About 655,677 shares traded. Royal Caribbean Cruises Ltd. (NYSE:RCL) has declined 15.47% since February 13,…

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