Simon Property Group: Worst REIT to Own in May
Simon Property(SPG) Schaeffers Research·2024-05-01 19:20SPG stock settled lower in May lower in most of the past 10 yearsReal estate investment trust (REIT) Simon Property Group Inc (NYSE:SPG) has fallen since its March 21 two-year high of $157.82, last seen trading at $142.03. Support at the $140 level has mostly kept the stock afloat in 2024, but we'll see how it fares during a historically bearish month. Simon Property Group stock is second on Schaeffer's Senior Quantitative Analyst Rocky White's list of 25 worst S&P 500 Index (SPX) stocks in May in the last ...