DJ Federal Realty Investment Trust Stock Rises Monday, Still Underperforms Market
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Shares of Federal Realty Investment Trust $(FRT)$ inched 0.16% higher to $114.43 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's third consecutive day of gains.
Federal Realty Investment Trust closed $3.91 below its 52-week high ($118.34), which the company achieved on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Realty Income Corp. (O) fell 1.37% to $54.58, Kimco Realty Corp. $(KIM)$ fell 0.73% to $24.43, and Regency Centers Corp. $(REG.AU)$ rose 0.98% to $75.40.
Trading volume (469,726) remained 135,312 below its 50-day average volume of 605,038.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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December 16, 2024 17:19 ET (22:19 GMT)
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