Shares of Realty Income Corp. O rallied 2.25% to $64.47 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.16% to 3,626.91 and the Dow Jones Industrial Average DJIA rising 1.60% to 29,950.44. This was the stock's second consecutive day of gains. Realty Income Corp. closed $20.45 short of its 52-week high ($84.92), which the company achieved on February 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Medical Properties Trust Inc. MPW rose 0.36% to $19.47, CoreSite Realty Corp. COR fell 0.93% to $127.67, and PennyMac Mortgage Investment Trust PMT rose 3.76% to $17.12. Trading volume (2.5 M) eclipsed its 50-day average volume of 2.3 M.