DJ Federal Realty Investment Trust Stock Outperforms Competitors Despite Losses On The Day
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Shares of Federal Realty Investment Trust $(FRT)$ slid 1.12% to $108.71 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.92% to 6,067.70 and the Dow Jones Industrial Average rising 0.31% to 44,850.35.
The stock's fall snapped a three-day winning streak.
Federal Realty Investment Trust closed 8.14% short of its 52-week high of $118.34, which the company achieved on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Realty Income Corp. (O) fell 1.82% to $54.98, Kimco Realty Corp. $(KIM)$ fell 2.13% to $22.93, and Regency Centers Corp. $(REG.AU)$ fell 0.77% to $72.53.
Trading volume (507,372) remained 123,748 below its 50-day average volume of 631,120.
Data source: Dow Jones Market Data, FactSet. Data compiled January 28, 2025.
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(END) Dow Jones Newswires
January 28, 2025 17:22 ET (22:22 GMT)
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