Boston Properties Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Boston Properties Inc. (BXP) slumped 0.60% to $71.65 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.09% to 4,076.57 and Dow Jones Industrial Average falling 0.56% to 34,395.01. The stock's fall snapped a two-day winning streak. Boston Properties Inc. closed $61.46 short of its 52-week high ($133.11), which the company achieved on March 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as W. P. Carey Inc. (WPC) rose 2.55% to $80.81, Highwoods Properties Inc. (HIW) fell 1.54% to $29.34, and Kilroy Realty Corp. (KRC) fell 1.23% to $42.69. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2022.
(END) Dow Jones Newswires
December 01, 2022 16:44 ET (21:44 GMT)
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