DJ Federal Realty Investment Trust Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Federal Realty Investment Trust $(FRT)$ inched 0.06% higher to $114.43 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.92% to 5,797.42 and Dow Jones Industrial Average falling 0.96% to 42,514.95.
This was the stock's second consecutive day of gains.
Federal Realty Investment Trust closed $3.91 below its 52-week high ($118.34), which the company reached on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Realty Income Corp. (O) rose 0.86% to $64.24, Kimco Realty Corp. $(KIM)$ fell 0.33% to $23.96, and Regency Centers Corp. $(REG.AU)$ rose 0.50% to $72.23.
Trading volume (415,661) remained 278,204 below its 50-day average volume of 693,865.
Data source: Dow Jones Market Data, FactSet. Data compiled October 23, 2024.
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October 23, 2024 17:20 ET (21:20 GMT)
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