Realty Income Corp. shares break four-day winning streak, still outperform competitors

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Realty Income Corp. shares break four-day winning streak, still outperform competitors
Credit: © Reuters.

Shares of Realty Income (NYSE: O ) Corp. saw a slight dip on Monday, breaking a four-day winning streak but still managing to outperform its competitors. The stock price fell by 0.77% to $50.46, marking an end to the company's recent upward trend. Despite this decline, the company still managed to outshine competitors such as Kimco Realty Corp (NYSE: KIM )., Regency Centers (NASDAQ: REG ) Corp., and Federal Realty (NYSE: FRT ) Investment Trust.

The overall market day was positive, with both the S&P 500 Index and Dow Jones Industrial Average posting gains of 0.18% and 0.10% respectively. In spite of the dip, Realty Income Corp.'s stock was still $18.39 short of its 52-week high of $68.85, a milestone achieved on February 2nd this year.

Monday's trading activity for Realty Income Corp. was notably high, with a total volume of 7.3 million shares traded. This surge in trading activity surpassed the company's 50-day average volume of 6.5 million shares, indicating increased interest in Realty Income Corp.'s stock among traders and investors alike.

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