Alphabet Inc. Cl A Stock Falls Friday, Underperforms Market

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.

Alphabet Inc. Cl A Stock Falls Friday, Underperforms Market

4:32 pm ET December 2, 2022 (MarketWatch) Print

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

Shares of Alphabet Inc. Cl A (GOOGL) shed 0.54% to $100.44 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 34,429.88 and the S&P 500 Index falling 0.12% to 4,071.70. Alphabet Inc. Cl A closed $51.11 below its 52-week high ($151.55), which the company achieved on February 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Microsoft Corp. (MSFT) rose 0.13% to $255.02, Amazon.com Inc. (AMZN) fell 1.43% to $94.13, and Meta Platforms Inc. (META) rose 2.53% to $123.49. Trading volume (21.4 M) remained 11.5 million below its 50-day average volume of 32.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2022.

(END) Dow Jones Newswires

December 02, 2022 16:32 ET (21:32 GMT)