Simon Property Group Inc. Stock Underperforms Monday When Compared To Competitors

Dow Jones03-26

DJ Simon Property Group Inc. Stock Underperforms Monday When Compared To Competitors

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

Shares of Simon Property Group Inc. $(SPG)$ slumped 0.53% to $151.06 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.31% to 5,218.19 and Dow Jones Industrial Average falling 0.41% to 39,313.64.

This was the stock's second consecutive day of losses.

Simon Property Group Inc. closed $6.76 below its 52-week high ($157.82), which the company reached on March 21st.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Realty Income Corp. (O) rose 0.17% to $52.17, Kimco Realty Corp. $(KIM)$ fell 1.31% to $18.84, and Regency Centers Corp. $(REG.AU)$ fell 0.40% to $59.10.

Trading volume (1.1 M) remained 561,964 below its 50-day average volume of 1.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 25, 2024.

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March 25, 2024 16:50 ET (20:50 GMT)

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