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Why Realty Income Stock Fell Today

TheMotleyFool

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Why Realty Income Stock Fell Today: https://g.foolcdn.com/editorial/images/772553/woman-shopping-at-store-beauty-isle.jpg

Realty Income (NYSE: O) tends to be a low-volatility stock. After all, the company is a Real Estate Investment Trust (REIT) that specializes in triple-net leases to recession-proof tenants in mostly stand-alone locations.

However, that didn't stop Realty Income from falling on the hotter-than-expected inflation report Wednesday morning.

As a result, the stock closed down 4.1% on the news.

Source Fool.com

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