DJ Simon Property Group Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Simon Property Group Inc. $(SPG)$ rose 2.66% to $172.16 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
The stock's rise snapped a two-day losing streak.
Simon Property Group Inc. closed $4.92 below its 52-week high ($177.08), which the company achieved on October 18th.
The stock outperformed some of its competitors Monday, as Realty Income Corp. (O) rose 0.70% to $59.29, Kimco Realty Corp. $(KIM)$ rose 1.64% to $24.22, and Regency Centers Corp. $(REG.AU)$ rose 1.20% to $72.28.
Trading volume (1.2 M) remained 191,452 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 16:49 ET (21:49 GMT)
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