In a strong trading session where the S&P 500 and Dow Jones indices rose by 1.89% and 1.70% respectively, Realty Income (NYSE:O) Corp.'s stock performance stood out, despite its price being $18.82 lower than its annual high. The company's stock climbed to $50.03 on Thursday, marking the third consecutive day of gains.
This performance put Realty Income Corp. ahead of its competitors including Kimco Realty Corp (NYSE:KIM)., Regency Centers (NASDAQ:REG) Corp., and Federal Realty (NYSE:FRT) Investment Trust, which also saw increases in their stocks but to a lesser degree.
Highlighting the company's robust market presence, Realty Income Corp.'s trading volume reached 9.6 million on Thursday, surpassing its usual average of 6.5 million shares traded daily. This surge in trading activity further underscores the firm's competitive edge in the midst of a broader positive trading session.
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