DJ Welltower Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Welltower Inc. $(WELL)$ slid 2.82% to $125.59 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
Welltower Inc. closed $15.16 short of its 52-week high ($140.75), which the company achieved on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Ventas Inc. $(VTR)$ fell 2.52% to $58.70, Healthpeak Properties Inc. $(DOC)$ fell 4.26% to $19.98, and Medical Properties Trust Inc. $(MPW.AU)$ fell 1.26% to $3.92.
Trading volume (3.8 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:45 ET (21:45 GMT)
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