Regency Centers Corp. Stock Rises Thursday, Still Underperforms Market
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Shares of Regency Centers Corp. (REG) inched 0.23% higher to $56.40 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
This was the stock's second consecutive day of gains.
Regency Centers Corp. closed $12.16 below its 52-week high ($68.56), which the company reached on February 2nd.
The stock outperformed some of its competitors Thursday, as Realty Income Corp. (O) fell 0.34% to $59.24, Kimco Realty Corp. (KIM) fell 0.92% to $18.21, and Federal Realty Investment Trust (FRT) fell 0.51% to $87.75.
Trading volume (1.1 M) eclipsed its 50-day average volume of 848,096.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 17:21 ET (21:21 GMT)
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