Royal Bank of Canada stock falls Tuesday, underperforms market
Posted on AllSides May 9th, 2023
From The Center
Shares of Royal Bank of Canada RY slid 1.46% to C$129.43 Tuesday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.00% to 20,585.73. Royal Bank of Canada closed C$10.75 short of its 52-week high (C$140.18), which the company achieved on February 9th. Trading volume of 2.6 M shares remained below its 50-day average volume of 4.5 M.
