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Shares of Simon Property Group Inc. (SPG) shed 1.20% to $93.68 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.33% to 3,577.03 and Dow Jones Industrial Average falling 0.10% to 29,210.85. Simon Property Group Inc. closed $77.44 below its 52-week high ($171.12), which the company achieved on November 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Alexandria Real Estate Equities Inc. (ARE) fell 1.06% to $133.06 and Vornado Realty Trust (VNO) fell 0.47% to $21.09. Trading volume (1.9 M) remained 38,346 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 12, 2022.
(END) Dow Jones Newswires
October 12, 2022 17:23 ET (21:23 GMT)
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