DJ Kimco Realty Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Kimco Realty Corp. $(KIM)$ slumped 0.05% to $20.54 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.06% to 4,567.18 and Dow Jones Industrial Average falling 0.22% to 36,124.56.
The stock's fall snapped a six-day winning streak.
Kimco Realty Corp. closed $2.73 short of its 52-week high ($23.27), which the company achieved on February 2nd.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Realty Income Corp. (O) fell 1.10% to $54.92, Regency Centers Corp. $(REG.AU)$ fell 0.89% to $64.55, and Federal Realty Investment Trust $(FRT)$ fell 0.13% to $99.77.
Trading volume (9.4 M) eclipsed its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 5, 2023.
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(END) Dow Jones Newswires
December 05, 2023 17:18 ET (22:18 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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