DJ Federal Realty Investment Trust Stock Rises Thursday, Still Underperforms Market
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Shares of Federal Realty Investment Trust $(FRT)$ inched 0.10% higher to $99.75 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.74% to 5,199.06 and the Dow Jones Industrial Average falling 0.01% to 38,459.08.
Federal Realty Investment Trust closed $7.86 short of 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 Thursday, as Realty Income Corp. (O) rose 0.19% to $52.24, Kimco Realty Corp. $(KIM)$ fell 0.17% to $17.94, and Regency Centers Corp. $(REG.AU)$ fell 0.27% to $58.19.
Trading volume (501,395) remained 131,739 below its 50-day average volume of 633,134.
Data source: Dow Jones Market Data, FactSet. Data compiled April 11, 2024.
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April 11, 2024 17:23 ET (21:23 GMT)
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