Simon Property Group Inc. stock underperforms Friday when compared to competitors
Published: Feb. 23, 2024 at 4:50 p.m. ET
Shares of Simon Property Group Inc. SPG slipped 0.77% to $150.35 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.03% to 5,088.80 and the Dow Jones Industrial Average DJIA rising 0.16% to 39,131.53.
The stock’s fall snapped a two-day winning streak.
Simon Property…
Shares of Simon Property Group Inc.
SPG
slipped 0.77% to $150.35 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX
rising 0.03% to 5,088.80 and the Dow Jones Industrial Average
DJIA
rising 0.16% to 39,131.53.
The stock’s fall snapped a two-day winning streak.
Simon Property Group Inc. closed $2.76 short of its 52-week high ($153.11), which the company achieved on February 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Realty Income Corp.
O
rose 0.23% to $52.94, Kimco Realty Corp.
KIM
fell 1.36% to $19.54, and Regency Centers Corp.
REG
fell 0.56% to $60.73.
Trading volume (766,628) remained 831,633 below its 50-day average volume of 1.6 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Source link
