DJ Welltower Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Welltower Inc. $(WELL)$ inched 0.66% higher to $99.48 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.02% to 5,221.42 and Dow Jones Industrial Average falling 0.21% to 39,431.51.
Welltower Inc. hit a new 52-week high, surpassing its previous peak of $99.39, which the company reached on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Ventas Inc. $(VTR)$ rose 0.11% to $47.61, Healthpeak Properties Inc. $(DOC)$ rose 0.10% to $19.57, and Medical Properties Trust Inc. $(MPW.AU)$ rose 16.74% to $5.58.
Trading volume (2.1 M) remained 328,133 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2024.
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(END) Dow Jones Newswires
May 13, 2024 16:50 ET (20:50 GMT)
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