DJ Kimco Realty Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Kimco Realty Corp. $(KIM)$ inched 0.36% higher to $25.30 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.49 and the Dow Jones Industrial Average rising 0.69% to 45,014.04.
The stock's rise snapped a three-day losing streak.
Kimco Realty Corp. closed $0.53 below its 52-week high ($25.83), which the company reached on November 29th.
The stock outperformed some of its competitors Wednesday, as Realty Income Corp. (O) rose 0.25% to $56.17, Regency Centers Corp. $(REG.AU)$ fell 0.50% to $74.35, and Federal Realty Investment Trust $(FRT)$ rose 0.06% to $113.76.
Trading volume (3.0 M) remained 1.2 million below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 4, 2024.
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(END) Dow Jones Newswires
December 04, 2024 17:14 ET (22:14 GMT)
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