The Macerich Company (NYSE: MAC) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 12.78% on the day to $16.89.
Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country’s most attractive, densely populated markets.
So far today, approximately 1.21M shares of The Macerich Company have been exchanged, as compared to an average 30-day volume of 1.66M shares.
The Macerich Company share prices have moved between a 52-week high of $22.27 and a 52-week low of $12.48. The stock has moved 1.01% over the past week.
To learn more, visit The Macerich Company
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