Simon Property Group Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Simon Property Group Inc. (SPG) inched 0.17% higher to $115.79 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. Simon Property Group Inc. closed $55.33 short of its 52-week high ($171.12), which the company achieved on November 18th.
The stock outperformed some of its competitors Thursday, as Alexandria Real Estate Equities Inc. (ARE) fell 0.08% to $147.26 and Vornado Realty Trust (VNO) fell 1.27% to $24.05. Trading volume (1.8 M) remained 302,410 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.
(END) Dow Jones Newswires
November 17, 2022 17:23 ET (22:23 GMT)
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