Before the Bell Scans: American Tower Corp., Duke Realty Corp., Simon Property
Group Inc., and New York Mortgage Trust Inc.
LONDON, October 4, 2013
LONDON, October 4, 2013 /PRNewswire/ --
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On Thursday, October 03, 2013, the S&P 500 ended the day at 1,678.66, down
0.90%; the Dow Jones Industrial Average closed at 14,996.48, down 0.90%; and
the NASDAQ Composite finished at 3,774.34, down 1.07%. Shares of companies in
the REIT sector ended on a lower note, as the broader market declined. The
major movers in the sector included American Tower Corporation (NYSE: AMT),
Duke Realty Corporation (NYSE: DRE), Simon Property Group Inc. (NYSE: SPG),
and New York Mortgage Trust Inc. (NASDAQ: NYMT). All these companies are
tracked by AAAResearchReports.com. Free technical research on AMT, DRE, SPG,
and NYMT can be downloaded upon signing up at:
American Tower Corp.'s stock fell by 0.76% on Thursday, tracking losses in the
broader market. The company's shares traded between $73.19 and $73.97 before
finishing the day at $73.43. A total of 2.71 million shares were traded, which
is less than the daily average volume of 3.79 million. Despite Thursday's
losses, American Tower Corp.'s shares have gained 6.07% in the last one month
and 1.45% in the previous three months, compared to a gain of 2.37% and 3.92%
in the S&P 500 during the respective periods. Additionally, the company's
stock is trading above its 50-day moving average of $71.89. Sign up today to
read free research report on AMT at:
Shares in Duke Realty Corp. fell sharply on Thursday, extending their losses
from the previous trading session. The company's shares ended the day 1.85%
lower at $15.35, after fluctuating between $15.24 and $15.68. A total of 2.23
million shares were traded, which is marginally below the daily average volume
of 2.25 million. Despite Thursday's decline, Duke Realty Corp.'s stock has
gained 6.67% in the last one month, outperforming the S&P 500 which has
advanced 2.37% during the same period. Further, the company's shares are
trading above their 50-day moving average of $15.17. Register to download free
technical analysis on DRE at:
Simon Property Group Inc.'s stock also fell sharply on Thursday, reversing all
of the gains from the previous trading session. The company's shares
vacillated between $147.83 and $151.6 before finishing the day 1.85% lower at
$148.78. A total of 1.49 million shares were traded, which is above the daily
average volume of 1.28 million. Despite Thursday's sharp decline, the
company's stock is up 0.37% in the previous three trading sessions and 3.00%
in the last one month, compared to a loss of 0.17% and a gain of 2.37% in the
S&P 500 during the respective periods. Moreover, Simon Property Group Inc.'s
stock is trading above its 50-day moving average of $148.50. A free report on
SPG can be accessed by registering at:
On Thursday, New York Mortgage Trust Inc.'s stock edged lower to close at
$6.22, which is 0.64% lower than the previous day's closing price of $6.26.
The company's shares oscillated between $6.20 and $6.28 during the trading
session. A total of 0.53 million shares were traded, which is below the daily
average volume of 0.96 million. Despite Thursday's pullback, the company's
shares have gained 1.97% in the last one month, compared to a gain of 2.37% in
the S&P 500 during the same period. Additionally, New York Mortgage Trust
Inc.'s stock is trading at par with its 50-day moving average of $6.22.
Register with AAA Research Reports and download the research on NYMT for free
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