Regency Centers Corp. Stock Falls Thursday, Underperforms Market
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Shares of Regency Centers Corp. (REG) slumped 0.92% to $58.24 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
Regency Centers Corp. closed $11.11 short of its 52-week high ($69.35), which the company reached on May 27th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Realty Income Corp. (O) fell 0.96% to $60.07, Kimco Realty Corp. (KIM) fell 0.97% to $18.38, and Federal Realty Investment Trust (FRT) fell 1.32% to $89.27.
Trading volume (2.1 M) eclipsed its 50-day average volume of 824,671.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 17:21 ET (21:21 GMT)
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