Simon Property Group Inc. Stock Rises Friday, Still Underperforms Market

Terex Corp

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TEX Terex Corp

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Industrials : Machinery | Small Cap Blend

Company profile

Terex Corporation designs, builds, and supports products used in construction, maintenance, manufacturing, energy, minerals, and materials management applications. The Company segments include Aerial Work Platforms (AWP) and Materials Processing (MP). AWP segment designs, manufactures, services and markets aerial work platform equipment, utility equipment and telehandlers. Its products include portable material lifts, portable aerial work platforms, self-propelled articulating and telescopic booms, scissor lifts, and replacement parts. MP segment designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, concrete mixer trucks and concrete pavers, conveyors, environmental and recycling solutions, and their related components and replacement parts.

Simon Property Group Inc. Stock Rises Friday, Still Underperforms Market

5:23 pm ET November 11, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Simon Property Group Inc. (SPG) inched 0.13% higher to $120.20 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. This was the stock's second consecutive day of gains. Simon Property Group Inc. closed $50.92 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) fell 1.69% to $150.98 and Vornado Realty Trust (VNO) rose 2.71% to $25.77. Trading volume (2.0 M) remained 138,516 below its 50-day average volume of 2.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.

(END) Dow Jones Newswires

November 11, 2022 17:23 ET (22:23 GMT)