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Shares of Simon Property Group Inc. (SPG) advanced 3.43% to $99.15 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.65% to 3,677.95 and the Dow Jones Industrial Average rising 1.86% to 30,185.82. This was the stock's third consecutive day of gains. Simon Property Group Inc. closed $71.97 short of its 52-week high ($171.12), which the company achieved on November 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Alexandria Real Estate Equities Inc. (ARE) rose 2.01% to $134.19 and Vornado Realty Trust (VNO) rose 4.51% to $22.92. Trading volume (3.2 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 17, 2022.
(END) Dow Jones Newswires
October 17, 2022 17:24 ET (21:24 GMT)
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