RBC Stock Suffers as Royal Bank of Canada Lags Behind Market
Royal Bank of Canada's stock price fell by 1.61% on Thursday, closing at C$283.47. This decline came despite an otherwise positive trading session for the Canadian market, with the S&P/TSX Composite Index rising 0.06% to 36,834.25.
The bank's shares closed below their 52-week high of C$306.38, which was reached on July 16th. The current price represents a 7.5% drop from this peak.