Regency Centers Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Regency Centers Corp. (REG) shed 1.34% to $58.88 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.46% to 4,119.17 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
This was the stock's second consecutive day of losses.
Regency Centers Corp. closed $10.77 short of its 52-week high ($69.65), which the company reached on May 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Realty Income Corp. (O) fell 0.86% to $62.22, Kimco Realty Corp. (KIM) fell 1.84% to $18.16, and Federal Realty Investment Trust (FRT) fell 1.79% to $92.69.
Trading volume (676,011) remained 157,586 below its 50-day average volume of 833,597.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 17:22 ET (21:22 GMT)
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