DJ Simon Property Group Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Simon Property Group Inc. $(SPG)$ shed 0.94% to $174.41 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,975.38 and the Dow Jones Industrial Average falling 0.06% to 42,706.56.
The stock's fall snapped a three-day winning streak.
Simon Property Group Inc. closed $11.59 below its 52-week high ($186.00), which the company achieved on November 29th.
Despite its losses, the stock outperformed some of its competitors Monday, as Realty Income Corp. (O) fell 1.03% to $52.73, Kimco Realty Corp. $(KIM)$ fell 3.58% to $22.34, and Regency Centers Corp. $(REG.AU)$ fell 2.67% to $71.08.
Trading volume (2.0 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 6, 2025.
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(END) Dow Jones Newswires
January 06, 2025 16:49 ET (21:49 GMT)
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