Simon Property Group Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Simon Property Group Inc. (SPG) rallied 1.47% to $117.46 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. Simon Property Group Inc. closed $48.37 below its 52-week high ($165.83), which the company achieved on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Realty Income Corp. (O) rose 0.91% to $62.30, Kimco Realty Corp. (KIM) rose 2.95% to $22.72, and Regency Centers Corp. (REG) rose 2.27% to $65.82. Trading volume (1.7 M) remained 341,867 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.
(END) Dow Jones Newswires
November 29, 2022 17:37 ET (22:37 GMT)
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