General Growth Properties, Inc GGP shares are down sharply again today, down over 2% on light volume, as the Chicago-based real estate investment trust is getting hit again today.
Shares have fallen about 5% in the past two days, far outpacing the declines in the broad equity markets. This is far outpacing the declines seen in competitors such as Simon Property Group SPG, Vornado Realty Trust VNO, The Macerich Company MAC, which are all down less than 2% today.
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