Simon Property Group, Inc. (NYSE: SPG) is currently at $117,19, down 5,87%. Yesterday’s decline was the largest one since November 2020 when it fell 5,82%. Simon Property Group's 2Q dividend raise, which exceeded consensus estimates, suggests that cash flow is recovering and also further differentiates it from peers -- three mall REITs that own lower-quality portfolios were forced into bankruptcy. SPG is up 37,4% for the year but the short-term trend is now bearish.