Why Is Vornado Realty Trust (NYSE: VNO-PM) Stock Down Today?

Vornado Realty Trust (NYSE: VNO-PM) Summary

Vornado Realty Trust (NYSE: VNO-PM) is trading down -0.82% at $16.36, reflecting a negative shift in investor sentiment today. The stock opened at $16.40 and has moved between $16.32 and $16.42 so far.

Trading volume is 35574, which is 168% above its average, and the price action suggests selling interest.

Technically, VNO-PM on the NYSE is trading below its 50-day moving average of $17.12 and below its 200-day moving average of $17.34, indicating short-term and long-term weakness.

Meyka's AI assigns VNO-PM a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -0.12% in 1 month ($16.34), +7.38% in 1 year ($17.57), and +10.54% in 5 years ($18.08).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NYSE.
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