Regency Centers Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Regency Centers Corp. (REG) shed 1.60% to $65.75 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.03% to 4,136.13 and Dow Jones Industrial Average falling 0.46% to 34,089.27. The stock's fall snapped a two-day winning streak. Regency Centers Corp. closed $7.66 short of its 52-week high ($73.41), which the company reached on April 21st.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Realty Income Corp. (O) fell 2.14% to $65.71, Kimco Realty Corp. (KIM) fell 1.74% to $21.42, and Federal Realty Investment Trust (FRT) fell 1.85% to $110.12.true Trading volume (720,919) remained 281,353 below its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 14, 2023.
(END) Dow Jones Newswires
February 14, 2023 17:22 ET (22:22 GMT)
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