DJ Simon Property Group Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Simon Property Group Inc. $(SPG)$ advanced 1.39% to $171.61 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a three-day losing streak.
Simon Property Group Inc. closed $14.39 below its 52-week high ($186.00), which the company reached on November 29th.
The stock underperformed when compared to some of its competitors Friday, as Realty Income Corp. (O) rose 1.99% to $52.79, Kimco Realty Corp. $(KIM)$ rose 1.78% to $23.42, and Regency Centers Corp. $(REG.AU)$ rose 1.91% to $73.80.
Trading volume (4.9 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:50 ET (21:50 GMT)
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