Why Realty Income Stock Fell Today
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
