Innovative Industrial Properties (IIPR) Stock Drops Despite Market Gains: Important Facts to Note

Innovative Industrial Properties (IIPR) ended the recent trading session at $57.12, demonstrating a -1.4% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.52%. On the other hand, the Dow registered a gain of 1%, and the technology-centric Nasdaq increased by 0.52%. Prior to today's trading, shares of the company had gained 4.12% outpaced the Finance sector's gain of 3.62% and lagged the S&P 500's gain of 5.95%.The upcoming earnings release of In ...