Regency Centers Corp. Stock Falls Thursday, Underperforms Market
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Shares of Regency Centers Corp. (REG) slipped 2.11% to $55.16 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.88% to 4,151.28 and the Dow Jones Industrial Average falling 0.11% to 32,764.65.
This was the stock's third consecutive day of losses.
Regency Centers Corp. closed $14.19 short of its 52-week high ($69.35), which the company achieved on May 27th.
The stock underperformed when compared to some of its competitors Thursday, as Realty Income Corp. (O) fell 1.10% to $58.44, Kimco Realty Corp. (KIM) fell 0.78% to $17.89, and Federal Realty Investment Trust (FRT) fell 1.73% to $85.92.
Trading volume (1.3 M) eclipsed its 50-day average volume of 862,126.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2023.
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May 25, 2023 17:22 ET (21:22 GMT)
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