Royal Bank of Canada stock falls Tuesday, underperforms market

Royal Bank of Canada stock falls Tuesday, underperforms market

Shares of Royal Bank of Canada RY, -0.65% slipped 0.65% to C$141.22 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, +0.10% rising 0.10% to 20,590.98.

This was the stock’s sixth consecutive day of losses. Royal Bank of Canada closed C$8.38 below its 52-week high (C$149.60), which the company reached on January 17th. Trading volume of 7.8 M shares eclipsed its 50-day average volume of 3.6 M.

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