DJ Simon Property Group Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Simon Property Group Inc. $(SPG)$ slid 1.05% to $171.75 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.83% to 5,949.91 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
The stock's fall snapped a two-day winning streak.
Simon Property Group Inc. closed 7.66% below its 52-week high of $186.00, which the company achieved on November 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Realty Income Corp. (O) rose 0.04% to $53.17, Kimco Realty Corp. $(KIM)$ rose 0.09% to $22.03, and Regency Centers Corp. $(REG.AU)$ rose 0.72% to $71.17.
Trading volume (1.2 M) remained 296,912 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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(END) Dow Jones Newswires
January 15, 2025 17:23 ET (22:23 GMT)
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