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Shares of Simon Property Group Inc. (SPG) shed 4.09% to $115.76 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. The stock's fall snapped a three-day winning streak. Simon Property Group Inc. closed $50.07 short of its 52-week high ($165.83), which the company reached on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Realty Income Corp. (O) fell 4.80% to $61.74, Kimco Realty Corp. (KIM) fell 2.86% to $22.07, and Regency Centers Corp. (REG) fell 2.88% to $64.36. Trading volume (1.7 M) remained 318,073 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 17:36 ET (22:36 GMT)
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