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Shares of Simon Property Group Inc. (SPG) inched 0.29% higher to $98.31 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.80% to 3,665.78 and Dow Jones Industrial Average falling 0.30% to 30,333.59. The stock's rise snapped a two-day losing streak. Simon Property Group Inc. closed $72.81 below its 52-week high ($171.12), which the company reached on November 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Alexandria Real Estate Equities Inc. (ARE) fell 1.03% to $129.24 and Vornado Realty Trust (VNO) rose 1.16% to $21.84. Trading volume (2.1 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 20, 2022.
(END) Dow Jones Newswires
October 20, 2022 17:23 ET (21:23 GMT)
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