Lawfare? Royal Caribbean Sinks After Mexican President Orders Review Of Resort Project

ZeroHedge
2026.05.18 22:52
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Shares of Royal Caribbean Group fell approximately 3% after Mexican President Claudia Sheinbaum announced a review of the company's proposed water park project in Quintana Roo, citing environmental concerns. The review by Mexico's environment ministry could pose regulatory risks to Royal Caribbean's expansion plans. Year-to-date, the stock is down 26%, testing support at $250 after peaking at $367 in August 2025.