Simon Property Up Nearly 21%, on Pace for Largest Percent Increase Since November 2008 -- Data Talk
March 19 2020 - 11:44AM
Dow Jones News
Simon Property Group, Inc. (SPG) is currently at $54.22, up
$9.30 or 20.71%
-- On pace for largest percent increase since Nov. 24, 2008,
when it rose 25.35%
-- On Wednesday, Deutsche Bank upgraded Simon Property to buy
from hold and announced a price target at $120/share, Benzinga
reported
-- Simon Property Group Inc., the largest mall landlord in the
U.S., said it was closing all malls and outlets amid efforts to
contain the spread of the new coronavirus through March 29,
effective Wednesday at 7 p.m. local time
-- Snaps a three day losing streak
-- Down 55.95% month-to-date
-- Down 63.6% year-to-date
-- Down 76.18% from its all-time closing high of $227.60 on Aug.
1, 2016
-- Down 69.57% from 52 weeks ago (March 21, 2019), when it
closed at $178.18
-- Down 70.77% from its 52-week closing high of $185.52 on April
12, 2019
-- Up 20.71% from its 52-week closing low of $44.92 on March 18,
2020
-- Traded as high as $59.50
-- Up 32.46% at today's intraday high; largest intraday percent
increase on record (Based on available data back to Dec. 14,
1993)
-- Third best performer in the S&P 500 today
All data as of 11:04:31 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 19, 2020 11:29 ET (15:29 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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