Why Simon Property Group Plummeted 55% in March
Why Simon Property Group Plummeted 55% in March 1The largest U.S. mall owner, Simon Property Group (NYSE:SPG), saw its stock price fall an astonishing 55% in March, according to data from S&P Global Market Intelligence. Malls were already suffering as shopping behaviors shifted away from malls in recent years, but when the coronavirus hit, malls experienced a new low. On March 18, Simon …
News story posted on 2020-04-05T22:08:00.0000000Z