Shares of Simon Property Group Inc.
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
rising 0.19% to 4,247.44 and the Dow Jones Industrial Average
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.
fell 0.18% to $193.42, Vornado Realty Trust
fell 0.54% to $50.01, and New Senior Investment Group Inc.
rose 0.42% to $7.24. Trading volume (2.0 M) remained 564,383 below its 50-day average volume of 2.5 M.