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Shares of Simon Property Group Inc. (SPG) inched 0.19% higher to $119.61 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's second consecutive day of gains. Simon Property Group Inc. closed $49.63 short of its 52-week high ($169.24), which the company reached on November 24th.
The stock outperformed some of its competitors Wednesday, as Alexandria Real Estate Equities Inc. (ARE) fell 0.56% to $151.82 and Vornado Realty Trust (VNO) fell 0.12% to $24.66. Trading volume (1.1 M) remained 984,451 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:24 ET (22:24 GMT)
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