DJ Kimco Realty Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Kimco Realty Corp. $(KIM)$ slid 0.70% to $18.50 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.23% to 37,903.29 and the S&P 500 Index falling 0.34% to 5,018.39.
This was the stock's second consecutive day of losses.
Kimco Realty Corp. closed $4.34 below its 52-week high ($22.84), which the company reached on December 14th.
The stock underperformed when compared to some of its competitors Wednesday, as Realty Income Corp. (O) rose 0.71% to $53.92, Regency Centers Corp. $(REG.AU)$ fell 0.19% to $59.11, and Federal Realty Investment Trust $(FRT)$ rose 0.11% to $104.28.
Trading volume (4.6 M) remained 319,775 below its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2024.
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(END) Dow Jones Newswires
May 01, 2024 17:18 ET (21:18 GMT)
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