Why Did Empire State Realty Trust Soar 24.52%?

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 29, 2025 4:44 am ET1min read

On April 29, 2025,

, Inc. (ESRT) experienced a significant surge in its stock price, rising by 24.52% in pre-market trading.

Empire State Realty Trust, Inc. (ESRT) has been in the spotlight recently due to various factors impacting its stock performance. The company's stock has seen fluctuations, with a 52-week high of $9.11 and a 52-week low of $6.51, indicating a volatile market environment. The beta of 1.16 suggests that ESRT's stock is more volatile than the overall market.

In the first quarter of 2025, ESRT's stock price has shown a 1-month change of -5.88%, reflecting recent market trends and investor sentiment. The company's performance has been closely watched, with comparisons to other net lease REITs such as W. P. Carey and Global Net Lease, Inc. These comparisons provide context for ESRT's stock movements and help investors understand its relative performance in the market.

Comments



Add a public comment...
No comments

No comments yet