DJ Federal Realty Investment Trust Stock Outperforms Competitors Despite Losses On The Day
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Shares of Federal Realty Investment Trust $(FRT)$ slipped 0.04% to $115.00 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.60% to 5,592.18 and Dow Jones Industrial Average falling 0.39% to 41,091.42.
This was the stock's third consecutive day of losses.
Federal Realty Investment Trust closed $2.02 short of its 52-week high ($117.02), which the company achieved on August 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Realty Income Corp. (O) fell 0.26% to $61.99, Kimco Realty Corp. $(KIM)$ remained unchanged, and Regency Centers Corp. $(REG.AU)$ rose 0.55% to $71.66.
Trading volume (533,969) remained 21,973 below its 50-day average volume of 555,942.
Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 2024.
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(END) Dow Jones Newswires
August 28, 2024 17:22 ET (21:22 GMT)
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