Updated
Updated · MarketWatch · May 7
Realty Income stock sheds 3.47% and underperforms competitors
Updated
Updated · MarketWatch · May 7

Realty Income stock sheds 3.47% and underperforms competitors

6 articles · Updated · MarketWatch · May 7
  • Shares closed at $61.79 on Thursday as the S&P 500 fell 0.38% and the Dow Jones Industrial Average dropped 0.63%.
  • The decline ended a two-day winning streak, while Realty Income lagged peers including Kimco Realty, Regency Centers and Federal Realty Investment Trust, which posted smaller losses.
  • Trading volume reached 12.6 million shares, well above its 50-day average of 5.9 million, and the stock finished 9.05% below its 52-week high of $67.94.
Realty Income beat earnings but its stock plunged. Is this a market overreaction and a prime buying opportunity?
Amid recession fears and rising inflation, is Realty Income's famous monthly dividend now at risk?