DJ Welltower Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Welltower Inc. $(WELL)$ inched 0.93% higher to $138.20 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.38% to 5,995.54 and the Dow Jones Industrial Average rising 0.59% to 43,988.99.
This was the stock's second consecutive day of gains.
Welltower Inc. closed $1.60 short of its 52-week high ($139.80), which the company achieved on October 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Ventas Inc. $(VTR)$ rose 1.09% to $65.15, Healthpeak Properties Inc. $(DOC)$ rose 0.89% to $22.76, and Medical Properties Trust Inc. $(MPW.AU)$ rose 8.15% to $4.91.
Trading volume (2.5 M) remained 260,383 below its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2024.
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November 08, 2024 16:45 ET (21:45 GMT)
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