DJ Realty Income Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Realty Income Corp. (O) inched 0.55% higher to $53.33 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
This was the stock's fourth consecutive day of gains.
Realty Income Corp. closed $10.85 short of its 52-week high ($64.18), which the company achieved on July 27th.
The stock underperformed when compared to some of its competitors Monday, as Kimco Realty Corp. $(KIM)$ rose 2.20% to $18.60, Regency Centers Corp. $(REG.AU)$ rose 1.44% to $59.21, and Federal Realty Investment Trust $(FRT)$ rose 1.37% to $101.14.
Trading volume (4.2 M) remained 1.8 million below its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
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(END) Dow Jones Newswires
April 22, 2024 16:54 ET (20:54 GMT)
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