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Macerich (MAC) is of the top American owners and operators of retail real estate. Set up in 1964 in New York. The key focus is on shopping centre type properties. A list of their most famous properties includes Broadway Plaza in California, Danbury Fair Mail in New York, La Cumbre Plaza in California, Kings Plaza in New York, La Encantada in Arizona, Los Cerritos Centre in California, Valley Mall in Virginia, Wilton Mall in New York etc. The company is listed on the New York Stock Exchange (NYSE). Macerich constitutes the S&P 500 index. To learn the latest Macerich REIT share price, follow Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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