April 28, 2024
Investment

Federal Realty Investment Trust stock outperforms competitors on strong trading day


Published: Feb. 29, 2024 at 5:23 p.m. ET

Shares of Federal Realty Investment Trust FRT rose 2.21% to $100.85 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.52% to 5,096.27 and the Dow Jones Industrial Average DJIA rising 0.12% to 38,996.39.

This was the stock’s third consecutive day of gains.

Federal…

Shares of Federal Realty Investment Trust

FRT

rose 2.21% to $100.85 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index

SPX

rising 0.52% to 5,096.27 and the Dow Jones Industrial Average

DJIA

rising 0.12% to 38,996.39.

This was the stock’s third consecutive day of gains.

Federal Realty Investment Trust closed $7.39 below its 52-week high ($108.24), which the company reached on March 6th.

The stock outperformed some of its competitors Thursday, as Realty Income Corp.

O

rose 0.67% to $52.11, Kimco Realty Corp.

KIM

rose 0.66% to $19.76, and Regency Centers Corp.

REG

rose 1.61% to $61.95.

Trading volume (1.6 M) eclipsed its 50-day average volume of 679,038.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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