Federal Realty Investment Trust Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Federal Realty Investment Trust (FRT) rose 1.11% to $102.80 on Thursday, marking its fourth consecutive day of gains. Despite this, the stock underperformed compared to competitors like Realty Income Corp. (O), which increased by 1.64%, and Kimco Realty Corp. (KIM), which rose by 1.53%. FRT remains 8.07% below its 52-week high of $111.82 reached on February 13th. The overall market saw positive movement, with the S&P 500 and Dow Jones Industrial Average also gaining.
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