DJ Simon Property Group Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Simon Property Group Inc. $(SPG)$ slid 0.05% to $147.88 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,187.67 and the Dow Jones Industrial Average rising 0.44% to 39,056.39.
The stock's fall snapped a four-day winning streak.
Simon Property Group Inc. closed $9.94 below its 52-week high ($157.82), which the company reached on March 21st.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Realty Income Corp. (O) fell 0.42% to $54.79, Kimco Realty Corp. $(KIM)$ fell 0.37% to $18.92, and Regency Centers Corp. $(REG.AU)$ fell 1.30% to $58.67.
Trading volume (1.4 M) remained 69,100 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2024.
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(END) Dow Jones Newswires
May 08, 2024 16:50 ET (20:50 GMT)
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