DJ Federal Realty Investment Trust Stock Outperforms Competitors Despite Losses On The Day
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Shares of Federal Realty Investment Trust $(FRT)$ sank 0.35% to $109.55 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's third consecutive day of losses.
Federal Realty Investment Trust closed $8.79 below its 52-week high ($118.34), which the company reached on September 16th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Realty Income Corp. (O) fell 1.99% to $51.76, Kimco Realty Corp. $(KIM)$ fell 1.16% to $23.01, and Regency Centers Corp. $(REG.AU)$ fell 1.08% to $72.42.
Trading volume (1.1 M) eclipsed its 50-day average volume of 621,228.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 17:26 ET (22:26 GMT)
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