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May 10, 2023
JBG SMITH is leading the way, gaining 4.7%
Markets are mixed with Dow Jones slipping 0.52% and closing at 33,400. Nasdaq up 0.64%, trading at 12,258.
Today's muted price action is occurring amid mixed market indicators – United States Crude Oil Inventories came out at 2.95 million, better than analyst estimates of -917,000 and improving upon the previous reading of -1.28 million.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active real_estate stocks are listed below.
After closing the last session at $14.37, JBG SMITH jumps to $15.04 (up 67.5 cents)
Despite closing yesterday at $14.37 and then climbing as high as $15.07 today, JBG SMITH Properties has given up a sizeable portion of its gains to now trade at $15.04. The company is currently trading with a market cap of $1.73 billion with an average daily volume of 1.94 million shares.
After ending the last session at $132.39, Jones Lang LaSalle jumps to $136.38 (up 3.02%)
After closing yesterday at $132.39, the UK-founded real estate company went up to $136.59 only to drop back some of the way, and is now trading at $136.38. The company has a market cap of $6.51 billion with an average daily trading volume of 430,381 shares. So far this year, it has been doing worse than the Nasdaq by 33.25%.
Jones Lang LaSalle reported earnings results Thursday, with EPS at 0.65 and revenues at $5.60 billion; these results are mixed when compared to a consensus of 1.76 Earnings Per Share and $1.58 billion revenue. Since the release of its earnings report, Jones Lang LaSalle gained 1.45%.
After closing the last session at $55.71, Rexford Industrial jumps to $57.16 (up $1.45)
The Californian industrial real estate firm rallies 2.59% and stays at the $57.16 level. The company has a market cap of $11.48 billion with an average daily volume of 1.69 million shares.
