Simon Property Group Inc. stock falls Tuesday, underperforms market

Shares of Simon Property Group Inc. SPG, -2.99% slid 2.99% to $103.73 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.64% falling 0.64% to 4,109.90 and Dow Jones Industrial Average DJIA, -1.01% falling 1.01% to 33,012.14.

The stock’s fall snapped a two-day winning streak.

Simon Property Group Inc. closed $29.35 below its 52-week high ($133.08), which the company reached on February 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Realty Income Corp. O, -2.66% fell 2.66% to $60.29, Kimco Realty Corp. KIM, -3.37% fell 3.37% to $18.06, and Regency Centers Corp. REG, -3.57% fell 3.57% to $57.02.

Trading volume (1.5 M) remained 117,941 below its 50-day average volume of 1.6 M

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