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Tanger Factory (SKT) owns and manages outlet centres in the USA and Canada. The company represents a REIT that is headquartered in Greensboro, North Carolina. Tanger Factory was established in 1981 and currently manages a portfolio that includes 44 outlet shopping centres. The company’s business operations are based in 22 American states and in Canada, with their company’s properties are leased to more than 3,000 stores. Outlet centres attract over 188 million customers annually. The company’s shares are traded on the New York Stock Exchange (NYSE). The company is featured in the S&P 400 market index. To learn the latest Tanger Factory 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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