DJ Federal Realty Investment Trust Stock Outperforms Competitors On Strong Trading Day
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Shares of Federal Realty Investment Trust $(FRT)$ inched 0.79% higher to $113.24 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.27% to 5,823.52 and the Dow Jones Industrial Average rising 0.65% to 42,387.57.
The stock's rise snapped a two-day losing streak.
Federal Realty Investment Trust closed $5.10 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 Monday, as Realty Income Corp. (O) fell 0.03% to $61.29, Kimco Realty Corp. $(KIM)$ rose 1.40% to $23.88, and Regency Centers Corp. $(REG.AU)$ rose 1.04% to $71.75.
Trading volume (361,563) remained 327,287 below its 50-day average volume of 688,850.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2024.
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(END) Dow Jones Newswires
October 28, 2024 17:19 ET (21:19 GMT)
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