Federal Realty Investment Trust Stock Rises Monday, Outperforms Market

Dow Jones2023-11-28

DJ Federal Realty Investment Trust Stock Rises Monday, Outperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Federal Realty Investment Trust $(FRT)$ rallied 1.73% to $93.70 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.20% to 4,550.43 and Dow Jones Industrial Average falling 0.16% to 35,333.47.

This was the stock's third consecutive day of gains.

Federal Realty Investment Trust closed $21.38 short of its 52-week high ($115.08), which the company reached on February 2nd.

The stock outperformed some of its competitors Monday, as Realty Income Corp. (O) rose 0.41% to $54.13, Kimco Realty Corp. $(KIM)$ rose 0.96% to $18.89, and Regency Centers Corp. $(REG.AU)$ rose 0.72% to $61.76.

Trading volume (1.1 M) eclipsed its 50-day average volume of 653,642.

Data source: Dow Jones Market Data, FactSet. Data compiled November 27, 2023.

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November 27, 2023 17:23 ET (22:23 GMT)

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