DJ Simon Property Group Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Simon Property Group Inc. $(SPG)$ inched 0.30% higher to $174.69 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
The stock's rise snapped a two-day losing streak.
Simon Property Group Inc. closed $11.31 short of its 52-week high ($186.00), which the company achieved on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Realty Income Corp. (O) remained unchanged, Kimco Realty Corp. $(KIM)$ rose 0.32% to $22.04, and Regency Centers Corp. $(REG.AU)$ fell 0.01% to $70.15.
Trading volume (1.3 M) remained 145,446 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 16:49 ET (21:49 GMT)
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