DJ Realty Income Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Realty Income Corp. (O) rallied 1.70% to $55.53 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.54% to 4,569.78 and Dow Jones Industrial Average falling 0.11% to 36,204.44.
This was the stock's third consecutive day of gains.
Realty Income Corp. closed $13.32 short of its 52-week high ($68.85), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Monday, as Kimco Realty Corp. $(KIM)$ rose 2.49% to $20.55, Regency Centers Corp. $(REG.AU)$ rose 1.83% to $65.13, and Federal Realty Investment Trust $(FRT)$ rose 2.03% to $99.90.
Trading volume (7.2 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 4, 2023.
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(END) Dow Jones Newswires
December 04, 2023 16:56 ET (21:56 GMT)
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