DJ Simon Property Group Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Simon Property Group Inc. $(SPG)$ slumped 0.57% to $180.11 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 5,987.37 and the Dow Jones Industrial Average rising 0.99% to 44,736.57.
This was the stock's second consecutive day of losses.
Simon Property Group Inc. closed $3.85 below its 52-week high ($183.96), which the company reached on November 22nd.
The stock underperformed when compared to some of its competitors Monday, as Realty Income Corp. (O) remained unchanged, Kimco Realty Corp. $(KIM)$ rose 0.67% to $25.54, and Regency Centers Corp. $(REG.AU)$ fell 0.30% to $74.02.
Trading volume (4.1 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 25, 2024.
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(END) Dow Jones Newswires
November 25, 2024 16:49 ET (21:49 GMT)
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