DJ Federal Realty Investment Trust Stock Outperforms Competitors Despite Losses On The Day
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Shares of Federal Realty Investment Trust $(FRT)$ slumped 0.35% to $112.36 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
This was the stock's second consecutive day of losses.
Federal Realty Investment Trust closed $5.98 short of its 52-week high ($118.34), which the company reached on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Realty Income Corp. (O) fell 0.82% to $55.32, Kimco Realty Corp. $(KIM)$ fell 1.13% to $24.45, and Regency Centers Corp. $(REG.AU)$ fell 0.17% to $74.20.
Trading volume (450,524) remained 167,027 below its 50-day average volume of 617,551.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 17:19 ET (22:19 GMT)
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