DJ Simon Property Group Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Simon Property Group Inc. $(SPG)$ rose 1.06% to $144.44 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.03% to 5,180.74 and the Dow Jones Industrial Average rising 0.46% to 38,852.27.
This was the stock's third consecutive day of gains.
Simon Property Group Inc. closed $13.38 below its 52-week high ($157.82), which the company achieved on March 21st.
The stock outperformed some of its competitors Monday, as Realty Income Corp. (O) rose 0.34% to $55.45, Kimco Realty Corp. $(KIM)$ fell 0.47% to $19.01, and Regency Centers Corp. $(REG.AU)$ fell 0.12% to $58.93.
Trading volume (1.6 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2024.
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(END) Dow Jones Newswires
May 06, 2024 16:51 ET (20:51 GMT)
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