Your email has been successfully added to our mailing list.

×
-0.00291120815138276 -0.00436681222707414 0 -0.00436681222707414 -0.00436681222707414 -0.0291120815138283 -0.0218340611353711 -0.0160116448326054
Stock impact report

Why Macerich and Other Mall REITs Jumped 10% Today [The Motley Fool]

Macerich Company (The) (MAC) 
Last macerich company (the) earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: macerich.com/investors
Company Research Source: The Motley Fool
What happenedShares of high-end enclosed mall real estate investment trust (REIT)MacerichNYSE:MACPennsylvania REITNYSE:PEITanger Factory Outlet CentersNYSE:SKTSimon Property GroupNYSE:SPGSo whatMalls have suffered this year because of the social distancing requirements put in place to slow the spread ofCOVID-9Image source: Getty Images.Malls make their money by charging tenants rent, so that last point is a big issue. So big, in fact, that mall REITs, many of which have been reliabledividend payersThe mall sector is facing very big problems today that are likely to linger even after social distancing measures begin to lift. For example, the efforts to slow COVID-9 are likely to result in a recession, which will depress consumer buying. Lingering fears over the coronavirus could lead to weak mall traffic, further compounding the pain. Moreover, stressed mall retailers could close stores or go bankrupt, putting pressure on occupancy and rental rates. And malls will also be spending more Show less Read more
Impact Snapshot
Event Time:
MAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MAC alerts
Opt-in for
MAC alerts

from News Quantified
Opt-in for
MAC alerts

from News Quantified