SPG Stock – Simon Property Group Inc. stock outperforms market on strong trading day
Shares of Simon Property Group Inc.
rose 2.23% to $117.12 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.36% to 4,185.47 and the Dow Jones Industrial Average
rising 0.48% to 34,200.67. This was the stock’s third consecutive day of gains. Simon Property Group Inc. closed $4.80 short of its 52-week high ($121.92), which the company reached on March 15th.
The stock outperformed some of its competitors Friday, as Alexandria Real Estate Equities Inc.
rose 0.82% to $175.65, Vornado Realty Trust
rose 0.25% to $44.96, and New Senior Investment Group Inc.
fell 0.15% to $6.68. Trading volume (3.2 M) remained 172,079 below its 50-day average volume of 3.4 M.