Shares of Vornado Realty Trust
advanced 2.80% to $46.68 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.51% to 4,543.06 and the Dow Jones Industrial Average
rising 0.44% to 34,861.24. This was the stock’s second consecutive day of gains. Vornado Realty Trust closed $4.23 below its 52-week high ($50.91), which the company achieved on June 8th.
The stock outperformed some of its competitors Friday, as SL Green Realty Corp.
rose 2.07% to $82.38, LXP Industrial Trust
rose 1.29% to $15.71, and Alexander’s Inc.
fell 0.08% to $251.01. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.6 M.