Regency Centers Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Regency Centers Corp. (REG) slipped 3.61% to $61.35 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. The stock's fall snapped a two-day winning streak. Regency Centers Corp. closed $12.06 below its 52-week high ($73.41), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Realty Income Corp. (O) fell 0.62% to $63.90, Kimco Realty Corp. (KIM) fell 3.76% to $19.71, and Federal Realty Investment Trust (FRT) fell 3.12% to $103.82. Trading volume (828,926) remained 37,276 below its 50-day average volume of 866,202.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 17:22 ET (22:22 GMT)
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