The news that Simon Property Group could buy bankrupt retailer Forever 21 has cost the mall landlord nearly $2 billion in market share and thumped its competitors. Wall Street reacted negatively Friday’s headline, sending Simon Property’s stock price down nearly 4.5 percent since Bloomberg News reported just before 3 p.m. Friday that the landlord and partner Authentic Brands Group are considering a bid to buy the troubled retailer. Shortly after the news hit, Simon’s stock
source https://therealdeal.com/2020/01/29/mall-landlords-stocks-plunge-as-reit-eyes-bankrupt-forever-21/
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