Royal Caribbean shares rise 1.24% after-hours after introducing the new Star of the Seas ship.

Royal Caribbean Cruises Ltd. rose 1.24% in after-hours trading, with the company introducing its newest Icon Class ship, Star of the Seas, in Port Canaveral, Florida. The naming ceremony, attended by the ship's godmother Kellie Gerardi, marked the beginning of a new era for family vacations, with the ship offering 7-night adventures to the Caribbean and the brand's top-rated Perfect Day at CocoCay. Additionally, Rothschild & Co Redburn adjusted its price target on Royal Caribbean Group to $310 from $300, maintaining a neutral rating.