| 2024-04-23 | +0.96 % |
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| 2024-04-22 | +1.4 % |
- The article discusses that Simon Property Group (SPG) stock went up by 1.4% last night as Cetera Trust Company N.A acquired new shares in the fourth quarter and multiple large investors increased their stakes in the company, leading to positive ratings from analysts and the initiation of a stock repurchase plan, indicating the belief that the stock is undervalued.
- Express, a clothing store with declining sales due to changing shopping habits and mall closures, has filed for bankruptcy but received a bid for acquisition by a consortium including Simon Property Group (SPG), which may have contributed to the recent 1.4% increase in SPG stock as they invest in resuscitating struggling retail brands.
- Express, Inc. has received a letter of intent for a potential sale of its retail stores and operations from a consortium led by WHP Global, including Simon Property Group. Simon Property Group's stock went up because of its involvement in the potential sale, which may provide additional financial resources, strengthen the business, and maximize value for stakeholders.
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| 2024-04-19 | +0.05 % |
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| 2024-04-18 | -0.4 % |
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| 2024-04-16 | -1.43 % |
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| 2024-04-11 | +0.9 % |
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| 2024-04-05 | +1.49 % |
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| 2024-04-02 | -2.24 % |
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| 2024-03-27 | +2.43 % |
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| 2024-03-26 | -0.26 % |
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| 2024-03-25 | -0.53 % |
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| 2024-03-22 | -2.54 % |
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| 2024-03-21 | +0.26 % |
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| 2024-03-20 | +0.84 % |
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| 2024-03-19 | +1.41 % |
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| 2024-03-13 | +0.59 % |
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| 2024-03-12 | +0.53 % |
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| 2024-03-07 | -1.72 % |
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| 2024-03-04 | +1.31 % |
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| 2024-02-29 | -1.15 % |
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| 2024-02-28 | +0.11 % |
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| 2024-02-27 | +0.11 % |
- The article discusses how Simon Property Group (SPG) stock was up by 0.11% following Zacks Research cutting their Q3 2024 earnings per share estimates, with various analysts issuing price target increases and ratings. The stock likely went up due to positive sentiments from analysts, including ratings upgrades and increased price targets.
- Summary: Natixis Advisors L.P. increased its stake in Simon Property Group, Inc., leading to a slight increase in the stock price, which was up by 0.11% the previous night.
Reason for Stock Increase: The increase in Simon Property Group's stock price could be attributed to Natixis Advisors L.P. increasing its stake in the company and other institutional investors modifying their holdings, indicating confidence in the company's performance and potential growth.
- The article discusses how Simon Property Group (SPG) stock went up by 0.11% the previous night, attributing this increase to Mariner LLC's growth in SPG holdings by 9.3% during the third quarter, with other institutional investors also adjusting their holdings and equity analysts upgrading SPG's rating to "buy", fueled by a positive Q4 report, solid revenue, a share repurchase program, and a dividend increase.
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| 2024-02-23 | -0.77 % |
- The article discusses Simon Property Group, Inc. (NYSE:SPG) stock hitting a new 52-week high, with analysts' ratings and financial details noted. The stock went down due to the company reporting lower-than-expected quarterly earnings data, missing analysts' consensus estimates of $3.34 by $1.05, along with other financial factors mentioned.
- The article discusses V Square Quantitative Management LLC buying shares of Simon Property Group, Inc. (NYSE: SPG) during the third quarter, along with other hedge funds buying and selling SPG shares, leading to a small drop of -0.77% in its stock price; the stock price may have gone down due to the real estate investment trust's lower-than-expected quarterly earnings report, with a decreased EPS of $2.29 compared to the consensus estimate of $3.34 and a dividend payout ratio exceeding 100%.
- The article reports that Envestnet Asset Management Inc. reduced its stake in Simon Property Group (SPG), causing the stock to be down by -0.77%, with other institutional investors making modifications to their holdings as well. The stock goes down due to decreased ownership by Envestnet Asset Management Inc. and other institutional investors.
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| 2024-02-22 | +0.82 % |
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| 2024-02-20 | -0.71 % |
- The article discusses how Prudential PLC reduced its stake in Simon Property Group (SPG) by 11.3% during the 3rd quarter, which may have contributed to SPG stock being down 0.71%. The decrease in the company's stake, alongside fluctuations in other investors' shares and the recent earnings report missing analysts' consensus estimates, could be factors influencing the stock's decline.
- The article discusses Invesco Ltd. growing its position in Simon Property Group, Inc. (SPG) and other institutional investors modifying their holdings, but SPG stock went down by -0.71%. This drop in stock price could potentially be attributed to SPG reporting lower than expected earnings results, with revenue at $1.53 billion compared to analyst estimates of $1.38 billion, and a decrease in analysts' consensus EPS estimates.
- The article discusses Rafferty Asset Management LLC's increased position in Simon Property Group, Inc. (NYSE:SPG) and various institutional investors modifying their holdings in SPG. The stock went down by -0.71% last night due to the company reporting lower-than-expected earnings and revenue for the quarter, causing analysts to adjust their ratings, despite the company increasing its dividend and announcing a new share buyback program.
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| 2024-02-16 | +1.32 % |
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| 2024-02-14 | -0.46 % |
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| 2024-02-09 | +1.96 % |
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| 2024-02-08 | +0.46 % |
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| 2024-02-07 | +0.03 % |
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| 2024-02-06 | +4.82 % |
- Simon Property Group (SPG) stock went up 4.82% last night after the company reported strong gains in funds from operations and occupancy rates, along with positive forecasts for net operating income and earnings per share in 2024. The company's strategic plans include enhancing customer technology, expanding the outlet business in Southeast Asia, evolving the retail mix, and focusing on mixed-use development. The stock's performance has also been supported by a high market cap, solid revenue growth, strong stock returns, and a consistent dividend yield.
- The article discusses how Banque Cantonale Vaudoise increased its position in Simon Property Group, Inc. (SPG) by 12.8% in the 3rd quarter, which could be a factor contributing to the stock's recent increase.
- The article mentions that Simon Property Group Inc (SPG) stock has gone up by 4.29%, but does not provide an explanation for the increase.
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| 2024-02-05 | -0.83 % |
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| 2024-02-02 | -1.05 % |
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| 2024-01-31 | -0.45 % |
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| 2024-01-30 | -1.76 % |
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| 2024-01-29 | -0.16 % |
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| 2024-01-25 | +0.95 % |
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| 2024-01-22 | +0.28 % |
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| 2024-01-16 | -0.74 % |
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| 2024-01-10 | +1.78 % |
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| 2024-01-09 | -0.11 % |
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| 2023-12-21 | -1.31 % |
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| 2023-12-14 | +5.26 % |
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| 2023-12-13 | +3.55 % |
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| 2023-12-11 | +1.43 % |
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| 2023-12-06 | +0.73 % |
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| 2023-12-04 | +1.58 % |
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| 2023-11-30 | +1.74 % |
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| 2023-11-28 | +0.32 % |
- Simon Property Group (SPG) stock went up by 0.32% last night, possibly due to the news that Shein, a global online fashion retailer, has filed confidentially for an IPO in the U.S.
- The article discusses the rise of Shein, an e-commerce company known for its fast fashion and low prices, which is preparing to file for an initial public offering (IPO). Shein's business model poses a competitive threat to budget-minded retailers like Zara, H&M, Amazon, Walmart, and Target. The company has been able to attract 75 million active shoppers by introducing a high volume of products at a rapid pace, using a just-in-time production model. The article suggests that Shein's success may prompt other fashion retailers to reevaluate their traditional models for creating and selling products.
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| 2023-11-27 | +0.72 % |
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| 2023-11-22 | -0.53 % |
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| 2023-11-21 | -0.81 % |
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| 2023-11-17 | +1.05 % |
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| 2023-11-16 | -0.1 % |
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| 2023-11-13 | +0.18 % |
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| 2023-11-07 | -1.57 % |
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| 2023-11-06 | -0.69 % |
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| 2023-11-03 | +1.77 % |
- Simon Property Group (SPG) stock rose 1.77% in trading, marking its fifth consecutive day of gains, likely influenced by a positive overall trading session for the stock market, with the S&P 500 and Dow Jones Industrial Average also rising.
- The article provides a summary of various retail news stories, including Simon Property Group's announcement to close most of its domestic properties on Thanksgiving Day, Christy Sports overhauling its C-suite with new leadership positions, Tupperware experiencing struggles as its accounting firm declines to continue serving, Vacation collaborating with AriZona for lip balms, Pottery Barn Teen debuting a home collection inspired by Super Mario, Walmart investing $500 million to upgrade stores, Target facing $5.8 million in damages from lost merchandise at sea, and retailers bracing for cautious holiday spending by consumers. The article does not specifically mention why Simon Property Group's stock went up by 1.77%.
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| 2023-11-01 | +2.37 % |
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| 2023-10-31 | +4.33 % |
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| 2023-10-30 | +0.76 % |
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| 2023-10-26 | +1.28 % |
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