DJ Federal Realty Investment Trust Stock Underperforms Tuesday When Compared To Competitors
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Shares of Federal Realty Investment Trust $(FRT)$ slipped 0.32% to $114.63 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.12% to 5,528.93 and Dow Jones Industrial Average falling 1.51% to 40,936.93.
Federal Realty Investment Trust closed $2.39 short of its 52-week high ($117.02), which the company reached on August 26th.
The stock underperformed when compared to some of its competitors Tuesday, as Realty Income Corp. (O) rose 0.70% to $62.28, Kimco Realty Corp. $(KIM)$ fell 0.13% to $23.23, and Regency Centers Corp. $(REG.AU)$ fell 0.26% to $72.50.
Trading volume (469,218) remained 80,740 below its 50-day average volume of 549,958.
Data source: Dow Jones Market Data, FactSet. Data compiled September 3, 2024.
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(END) Dow Jones Newswires
September 03, 2024 17:21 ET (21:21 GMT)
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