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Shares of Simon Property Group Inc. (SPG) rallied 1.88% to $119.38 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. Simon Property Group Inc. closed $51.33 short of its 52-week high ($170.71), which the company achieved on November 23rd.
The stock underperformed when compared to some of its competitors Tuesday, as Alexandria Real Estate Equities Inc. (ARE) rose 1.92% to $152.68 and Vornado Realty Trust (VNO) rose 2.15% to $24.69. Trading volume (1.5 M) remained 571,784 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 17:23 ET (22:23 GMT)
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