Regency Centers Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Regency Centers Corp. (REG) shed 3.06% to $56.31 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,936.97 and Dow Jones Industrial Average falling 1.63% to 32,030.11. The stock's fall snapped a two-day winning streak. Regency Centers Corp. closed $17.10 short of 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 Wednesday, as Realty Income Corp. (O) fell 3.05% to $59.40, Kimco Realty Corp. (KIM) fell 3.57% to $17.57, and Federal Realty Investment Trust (FRT) fell 3.82% to $91.12. Trading volume (1.5 M) eclipsed its 50-day average volume of 963,045.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2023.
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March 22, 2023 17:21 ET (21:21 GMT)
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