DJ Simon Property Group Inc. Stock Falls Friday, Underperforms Market
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Shares of Simon Property Group Inc. $(SPG)$ slid 0.21% to $120.84 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.06% to 4,559.34 and the Dow Jones Industrial Average rising 0.33% to 35,390.15.
This was the stock's third consecutive day of losses.
Simon Property Group Inc. closed $12.24 below its 52-week high ($133.08), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Friday, as Realty Income Corp. (O) rose 1.13% to $53.91, Kimco Realty Corp. $(KIM)$ fell 0.21% to $18.71, and Regency Centers Corp. $(REG.AU)$ rose 0.18% to $61.32.
Trading volume (767,578) remained 810,381 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 24, 2023.
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(END) Dow Jones Newswires
November 24, 2023 16:51 ET (21:51 GMT)
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