February 23, 2024
Investment

Federal Realty Investment Trust stock rises Thursday, outperforms market


Published: Dec. 21, 2023 at 5:23 p.m. ET

Shares of Federal Realty Investment Trust FRT rallied 1.17% to $104.45 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.03% to 4,746.75 and the Dow Jones Industrial Average DJIA rising 0.87% to 37,404.35.

Federal Realty Investment Trust closed $10.63 short of its 52-week high ($115.08), which the company reached on February 2nd.

The…

Shares of Federal Realty Investment Trust

FRT

rallied 1.17% to $104.45 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index

SPX

rising 1.03% to 4,746.75 and the Dow Jones Industrial Average

DJIA

rising 0.87% to 37,404.35.

Federal Realty Investment Trust closed $10.63 short of its 52-week high ($115.08), which the company reached on February 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Realty Income Corp.

O

rose 0.46% to $56.96, Kimco Realty Corp.

KIM

rose 0.46% to $21.84, and Regency Centers Corp.

REG

rose 1.56% to $66.56.

Trading volume (327,770) remained 364,985 below its 50-day average volume of 692,755.


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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