Macerich Stock Up 29.6% in 3 Months: Will the Momentum Continue?
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Macerich's stock has risen by 29.6% over the past three months, driven by strong retail demand and a focus on omnichannel retailing. The company's premium shopping centers are expected to benefit from increased leasing activity.
December 16, 2024 | 5:15 pm
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Macerich's stock has increased by 29.6% in the last three months due to strong retail demand and a focus on omnichannel retailing. The company's premium shopping centers are expected to see higher leasing activity.
The significant rise in Macerich's stock price is attributed to healthy retail demand and a strategic focus on omnichannel retailing, which is expected to boost leasing activity in its premium shopping centers. This positive trend suggests a likely continuation of stock price momentum.
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