DJ Federal Realty Investment Trust Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Federal Realty Investment Trust $(FRT)$ advanced 1.26% to $99.77 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.56% to 37,986.40 and the S&P 500 Index falling 0.88% to 4,967.23.
This was the stock's third consecutive day of gains.
Federal Realty Investment Trust closed $7.84 below its 52-week high ($107.61), which the company reached on December 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Realty Income Corp. (O) rose 1.94% to $53.04, Kimco Realty Corp. $(KIM)$ rose 2.59% to $18.20, and Regency Centers Corp. $(REG.AU)$ rose 1.06% to $58.37.
Data source: Dow Jones Market Data, FactSet. Data compiled April 19, 2024.
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April 19, 2024 17:23 ET (21:23 GMT)
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