DJ Federal Realty Investment Trust Stock Underperforms Wednesday When Compared To Competitors
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Shares of Federal Realty Investment Trust $(FRT)$ shed 3.85% to $109.93 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.
This was the stock's second consecutive day of losses.
Federal Realty Investment Trust closed $8.41 below 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 3.14% to $52.81, Kimco Realty Corp. $(KIM)$ fell 4.20% to $23.28, and Regency Centers Corp. $(REG.AU)$ fell 3.03% to $73.21.
Trading volume (797,315) eclipsed its 50-day average volume of 611,766.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:19 ET (22:19 GMT)
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