DJ Federal Realty Investment Trust Stock Falls Wednesday, Underperforms Market
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Shares of Federal Realty Investment Trust $(FRT)$ dropped 0.72% to $99.05 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.39% to 4,549.34 and Dow Jones Industrial Average falling 0.19% to 36,054.43.
This was the stock's second consecutive day of losses.
Federal Realty Investment Trust closed $16.03 below its 52-week high ($115.08), which the company reached on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Realty Income Corp. (O) fell 0.38% to $54.71, Kimco Realty Corp. $(KIM)$ fell 0.15% to $20.18, and Regency Centers Corp. $(REG.AU)$ fell 1.21% to $63.77.
Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2023.
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December 06, 2023 17:24 ET (22:24 GMT)
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