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Company Close Updates

Simon Property Group Inc. stock falls Friday, underperforms market

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Terrence Horan

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Shares of Simon Property Group Inc. SPG, +1.27% slumped 0.23% to $134.23 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.06% rising 0.19% to 4,247.44 and the Dow Jones Industrial Average DJIA, -0.08% rising 0.04% to 34,479.60. This was the stock's third consecutive day of losses. Simon Property Group Inc. closed $2.47 short of its 52-week high ($136.70), which the company achieved on June 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Alexandria Real Estate Equities Inc. ARE, -0.03% fell 0.18% to $193.42, Vornado Realty Trust VNO, +0.49% fell 0.54% to $50.01, and New Senior Investment Group Inc. SNR, -0.29% rose 0.42% to $7.24. Trading volume (2.0 M) remained 564,383 below its 50-day average volume of 2.5 M.

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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