Douglas Emmett is Thursday's top mover after gaining 2.96%
Leading equity indices in the US rose as Nasdaq ended the session at 12,100 after a 0.76% gain. S&P 500 gained 0.36% and closed at 4,105.
Today's price action is taking place amid mixed market indicators – United States Unemployment Rate beat the 3.6 projections, with 3.5.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. Thursday's most active real_estate stocks are listed below.
Douglas Emmett | Closed +2.96% at $12.86
Having set a significant low of $10.84 16 days ago, the class-A office buildings REIT is trading 15.22% higher. Currently, the office space REIT has a market capitalization of $2.67 billion with an average daily volume of 3.98 million shares. Douglas Emmett expected revenue of $257 million with an EPS of 13 cents.
Opendoor Technologies Inc | Closed +2.44% at $1.68
While Opendoor Technologies Inc was in the midst of a 4 day downtrend— in which it lost a total of 8.7%— A possible reversal detected from Thursday; the online residential real estate company topped out at $1.72 having ended Thursday at $1.68. However, despite early momentum, the stock gave up its gains to now trade at $1.68.
Life Storage closes at $143.73 after gaining 2.09%
Thursday's session pointed in the same direction — an influx of buyers helped the self-administered and self-managed equity REIT to end the session higher around $143.73, while establishing a $140.46 to $143.84 session range Thursday. The US self storage REIT's market cap currently stands at $12.23 billion with an average daily trading volume of 1.79 million shares. So far this year, it has been beating the Nasdaq by 36.75%.