Boston Properties Inc. Stock Outperforms Market On Strong Trading Day

TrustCo Bank Corp N Y

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Financials : Thrifts & Mortgage Finance | Small Cap Value

Company profile

TrustCo Bank Corp NY is a savings and loan holding company. The Company's principal subsidiary is Trustco Bank (the Bank). The Bank focuses on providing service to the communities served by its branch-banking network. It operates through community banking segment. The Company operates in the geographical region of Upstate New York with branches also in Florida and the mid-Hudson valley region of New York. The Bank's subsidiary, Trustco Realty Corp., is a real estate investment trust (REIT) formed to acquire, hold and manage real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. The Bank's trust department operates under the name, Trustco Financial Services, and serves as executor of estates and trustee of personal trusts, provides asset and wealth management services, and provides estate planning and related advice, provides custodial services.

Boston Properties Inc. Stock Outperforms Market On Strong Trading Day

4:42 pm ET January 13, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Boston Properties Inc. (BXP) rose 1.77% to $125.71 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.42% to 4,659.03 and Dow Jones Industrial Average falling 0.49% to 36,113.62. This was the stock's second consecutive day of gains. Boston Properties Inc. closed $2.29 short of its 52-week high ($128.00), which the company reached on January 7th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Digital Realty Trust Inc. (DLR) fell 0.84% to $157.62 and Vornado Realty Trust (VNO) rose 2.75% to $46.34. Trading volume (687,738) remained 55,959 below its 50-day average volume of 743,697.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2022.

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(END) Dow Jones Newswires

January 13, 2022 16:42 ET (21:42 GMT)