Vornado Realty Trust (VNO) Shares are Up 2.7%

Vornado Realty Trust (VNO) has been under a strong bear grip, hence the stock is down -0.93% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.19% in the past 1 week. The stock has risen by 2.7% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.06% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.24% and the 50-Day Moving Average is 1.72%.The 200 Day SMA reached 9.36%. Vornado Realty Trust is up 9.01% in the last 3-month period. Year-to-Date the stock performance stands at 5.84%.


Vornado Realty Trust (NYSE:VNO): After opening at $103.41, the stock dipped to an intraday low of $103.1 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $104.84 and the buying power remained strong till the end. The stock closed at $103.74 for the day, a gain of 0.77% for the day session. The total traded volume was 335,847. The stocks close on the previous trading day was $102.95.

Vornado Realty Trust (Vornado) is a fully integrated real estate investment trust (REIT). The Company conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P. (the Operating Partnership). The Company is the sole general partner of, and owned approximately 94.1% of the common limited partnership interest in the Operating Partnership. The Companys segments include New York, Washington, DC and Toys R Us (Toys). The Companys other investments includes The Mart, 555 California Street, Vornado Capital Partners Real Estate Fund and Toys R Us, Inc. The Company is the general partner and investment manager of Vornado Capital Partners Real Estate Fund.

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