Federal Realty Investment Trust Stock Underperforms Tuesday When Compared To Competitors

Dow Jones04-17

DJ Federal Realty Investment Trust Stock Underperforms Tuesday When Compared To Competitors

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

Shares of Federal Realty Investment Trust $(FRT)$ slipped 1.65% to $96.43 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.17% to 37,798.97 and the S&P 500 Index falling 0.21% to 5,051.41.

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

Federal Realty Investment Trust closed $11.18 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 Tuesday, as Realty Income Corp. (O) fell 1.65% to $50.80, Kimco Realty Corp. $(KIM)$ fell 2.38% to $17.61, and Regency Centers Corp. $(REG.AU)$ fell 1.62% to $56.98.

Trading volume (550,368) remained 78,064 below its 50-day average volume of 628,432.

Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2024.

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April 16, 2024 17:23 ET (21:23 GMT)

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