DJ Welltower Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Welltower Inc. $(WELL)$ inched 0.24% higher to $139.30 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.38% to 5,998.74 and Dow Jones Industrial Average falling 0.31% to 44,722.06.
This was the stock's second consecutive day of gains.
Welltower Inc. closed $0.89 below its 52-week high ($140.19), which the company reached on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Ventas Inc. $(VTR)$ rose 0.45% to $64.54, Healthpeak Properties Inc. $(DOC)$ fell 0.36% to $22.24, and Medical Properties Trust Inc. $(MPW.AU)$ rose 1.64% to $4.33.
Trading volume (3.4 M) eclipsed its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 27, 2024.
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November 27, 2024 16:45 ET (21:45 GMT)
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