Published on 14 Jul 2022 on Market Watch
Welltower Inc. stock underperforms Thursday when compared to competitors
Shares of Welltower Inc. slid 2.21% to $80.10 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.30% to 3,790.38 and Dow Jones Industrial Average falling 0.46% to 30,630.17. This was the stock's second consecutive day of losses. Welltower Inc. closed $19.33 short of its 52-week high ($99.43), which the company reached on April 4th.
The stock underperformed when compared to some of its competitors Thursday, as Ventas Inc. fell 0.72% to $49.89, Healthpeak Properties Inc. fell 0.50% to $25.83, and Healthcare Trust of America Inc. rose 0.49% to $28.69. Trading volume (2.8 M) eclipsed its 50-day average volume of 2.5 M.