DJ Federal Realty Investment Trust Stock Outperforms Competitors On Strong Trading Day
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Shares of Federal Realty Investment Trust $(FRT)$ rose 1.04% to $108.29 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,071.17 and the Dow Jones Industrial Average rising 0.38% to 44,882.13.
The stock's rise snapped a two-day losing streak.
Federal Realty Investment Trust closed 8.49% 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 Thursday, as Realty Income Corp. (O) rose 0.48% to $54.32, Kimco Realty Corp. $(KIM)$ rose 1.16% to $22.68, and Regency Centers Corp. $(REG.AU)$ rose 0.88% to $71.96.
Trading volume (476,260) remained 153,597 below its 50-day average volume of 629,857.
Data source: Dow Jones Market Data, FactSet. Data compiled January 30, 2025.
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(END) Dow Jones Newswires
January 30, 2025 17:20 ET (22:20 GMT)
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