DJ Federal Realty Investment Trust Stock Outperforms Competitors Despite Losses On The Day
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Shares of Federal Realty Investment Trust $(FRT)$ shed 1.38% to $112.35 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.03% to 5,808.12 and Dow Jones Industrial Average falling 0.61% to 42,114.40.
This was the stock's second consecutive day of losses.
Federal Realty Investment Trust closed $5.99 below its 52-week high ($118.34), which the company reached on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Realty Income Corp. (O) fell 3.16% to $61.31, Kimco Realty Corp. $(KIM)$ fell 1.67% to $23.55, and Regency Centers Corp. $(REG.AU)$ fell 1.38% to $71.01.
Trading volume (496,626) remained 196,503 below its 50-day average volume of 693,129.
Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2024.
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October 25, 2024 17:19 ET (21:19 GMT)
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