DJ Welltower Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Welltower Inc. $(WELL)$ slid 1.07% to $133.67 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
The stock's fall snapped a two-day winning streak.
Welltower Inc. closed $6.13 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 Wednesday, as Ventas Inc. $(VTR)$ fell 1.94% to $63.22, Healthpeak Properties Inc. $(DOC)$ fell 0.80% to $22.33, and Medical Properties Trust Inc. $(MPW.AU)$ rose 0.66% to $4.59.
Trading volume (2.9 M) eclipsed its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 16:45 ET (21:45 GMT)
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