DJ Federal Realty Investment Trust Stock Outperforms Competitors On Strong Trading Day
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Shares of Federal Realty Investment Trust $(FRT)$ rallied 2.78% to $101.54 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.86% to 5,248.49 and the Dow Jones Industrial Average rising 1.22% to 39,760.08.
The stock's rise snapped a three-day losing streak.
Federal Realty Investment Trust closed $6.07 below its 52-week high ($107.61), which the company achieved on December 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Realty Income Corp. (O) rose 2.22% to $53.77, Kimco Realty Corp. $(KIM)$ rose 2.92% to $19.36, and Regency Centers Corp. $(REG.AU)$ rose 2.14% to $60.17.
Trading volume (536,065) remained 121,434 below its 50-day average volume of 657,499.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2024.
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March 27, 2024 17:24 ET (21:24 GMT)
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