DJ Federal Realty Investment Trust Stock Rises Thursday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Federal Realty Investment Trust $(FRT)$ inched 0.60% higher to $104.91 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
This was the stock's fourth consecutive day of gains.
Federal Realty Investment Trust closed $2.70 below its 52-week high ($107.61), which the company reached on December 14th.
The stock underperformed when compared to some of its competitors Thursday, as Realty Income Corp. (O) rose 1.84% to $54.91, Kimco Realty Corp. $(KIM)$ rose 2.49% to $18.96, and Regency Centers Corp. $(REG.AU)$ rose 1.54% to $60.02.
Trading volume (989,111) eclipsed its 50-day average volume of 604,866.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 02, 2024 17:23 ET (21:23 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments