SPG Stock – Simon Property Group Inc. stock rises Thursday, still underperforms market
Shares of Simon Property Group Inc.
inched 0.31% higher to $117.99 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.22% to 4,112.50 and the Dow Jones Industrial Average
rising 1.29% to 34,021.45. The stock’s rise snapped a two-day losing streak. Simon Property Group Inc. closed $10.26 short of its 52-week high ($128.25), which the company reached on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Alexandria Real Estate Equities Inc.
rose 0.16% to $172.78, Vornado Realty Trust
rose 0.43% to $44.76, and New Senior Investment Group Inc.
rose 3.16% to $6.53. Trading volume (3.6 M) eclipsed its 50-day average volume of 3.1 M.