Dow's 384-point Drop Led By Losses In Shares Of Salesforce, Boeing

Realty Income Corp

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Real Estate : Equity Real Estate Investment Trusts (REITs) | Large Cap Blend

Company profile

Realty Income Corporation is a real estate investment trust. The Company is engaged in acquiring and managing single-unit freestanding commercial properties under a long-term net lease agreement with its commercial clients. The Company owns and operates diversified portfolio of over 11,400 commercial properties. The Company’s properties are leased to over 1,100 different clients who operate in approximately 72 separate industries throughout all 50 states, as well as Puerto Rico, the United Kingdom and Spain. Its properties are leased to retail and industrial clients that have a service, non-discretionary and/or low-price-point component to their business. The Company’s property types include retail, industrial, and agriculture.

Dow's 384-point Drop Led By Losses In Shares Of Salesforce, Boeing

10:46 am ET December 1, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Dow Jones Industrial Average is in selloff mode Thursday morning with shares of Salesforce and Boeing facing the biggest declines for the index. The Dow was most recently trading 384 points (1.1%) lower, as shares of Salesforce (CRM) and Boeing (BA) are contributing to the index's intraday decline. Salesforce's shares have dropped $16.27, or 10.2%, while those of Boeing are off $3.91, or 2.2%, combining for a roughly 133-point drag on the Dow. Other components contributing significantly to the decline include UnitedHealth (UNH), Caterpillar (CAT), and Amgen (AMGN). A $1 move in any of the benchmark's 30 components equates to a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2022.

(END) Dow Jones Newswires

December 01, 2022 10:46 ET (15:46 GMT)