DJ Federal Realty Investment Trust Stock Outperforms Competitors On Strong Trading Day
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Shares of Federal Realty Investment Trust $(FRT)$ rallied 1.33% to $115.94 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.30% to 5,503.41 and Dow Jones Industrial Average falling 0.54% to 40,755.75.
The stock's rise snapped a two-day losing streak.
Federal Realty Investment Trust closed $1.08 short of its 52-week high ($117.02), which the company reached on August 26th.
The stock outperformed some of its competitors Thursday, as Realty Income Corp. (O) fell 0.61% to $62.33, Kimco Realty Corp. $(KIM)$ remained unchanged, and Regency Centers Corp. $(REG.AU)$ rose 0.55% to $73.30.
Trading volume (859,819) eclipsed its 50-day average volume of 565,174.
Data source: Dow Jones Market Data, FactSet. Data compiled September 5, 2024.
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September 05, 2024 17:21 ET (21:21 GMT)
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