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Shares of Simon Property Group Inc. (SPG) advanced 2.78% to $101.04 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.37% to 3,752.75 and the Dow Jones Industrial Average rising 2.47% to 31,082.56. This was the stock's second consecutive day of gains. Simon Property Group Inc. closed $70.08 short of its 52-week high ($171.12), which the company achieved on November 18th.
The stock outperformed some of its competitors Friday, as Alexandria Real Estate Equities Inc. (ARE) rose 2.17% to $132.05 and Vornado Realty Trust (VNO) rose 2.52% to $22.39. Trading volume (2.4 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2022.
(END) Dow Jones Newswires
October 21, 2022 17:23 ET (21:23 GMT)
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