DJ Simon Property Group Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Simon Property Group Inc. $(SPG)$ inched 0.20% higher to $182.11 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
The stock's fall snapped a three-day winning streak.
Simon Property Group Inc. closed $3.89 short of its 52-week high ($186.00), which the company achieved on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Realty Income Corp. (O) rose 0.55% to $56.48, Kimco Realty Corp. $(KIM)$ fell 0.60% to $25.04, and Regency Centers Corp. $(REG.AU)$ rose 1.07% to $74.92.
Trading volume (1.6 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 16:48 ET (21:48 GMT)
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