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Shares of Simon Property Group Inc. (SPG) advanced 2.66% to $115.57 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. This was the stock's second consecutive day of gains. Simon Property Group Inc. closed $55.55 short of 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 Friday, as Alexandria Real Estate Equities Inc. (ARE) rose 1.96% to $145.90 and Vornado Realty Trust (VNO) rose 4.57% to $23.13. Trading volume (1.6 M) remained 524,921 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:24 ET (21:24 GMT)
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