Simon Property Group Inc. Stock Underperforms Wednesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Simon Property Group (SPG) shares fell 2.43% to $204.53 on Wednesday, underperforming peers like Realty Income and Kimco Realty during a broader market decline. SPG closed 14.24% below its 52-week high, with trading volume of 1.8 million shares exceeding the 50-day average.
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Shares of Simon Property Group Inc. (SPG) slipped 2.43% to $204.53 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.48% to 7,636.36 and Dow Jones Industrial Average falling 0.77% to 52,380.66.
Simon Property Group Inc. closed 14.24% below its 52-week high of $238.50, which the company achieved on July 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Realty Income Corp. (O) fell 1.49% to $60.11, Kimco Realty Corp. (KIM) fell 0.80% to $23.57, and Regency Centers Corp. (REG) fell 0.78% to $75.34.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 9, 2026.
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09-09-26 1646ET