Essex Property Trust Inc. Stock Underperforms Wednesday When Compared To Competitors

Dow Jones
2024-10-31

DJ Essex Property Trust Inc. Stock Underperforms Wednesday When Compared To Competitors

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Shares of Essex Property Trust Inc. $(ESS)$ slid 1.48% to $294.02 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.33% to 5,813.67 and Dow Jones Industrial Average falling 0.22% to 42,141.54.

This was the stock's second consecutive day of losses.

Essex Property Trust Inc. closed $23.71 below its 52-week high ($317.73), which the company achieved on September 17th.

The stock underperformed when compared to some of its competitors Wednesday, as Avalonbay Communities Inc. $(AVB)$ rose 0.06% to $227.76, Equity Residential $(EQR)$ fell 0.39% to $73.95, and UDR Inc. $(UDR)$ fell 0.14% to $43.55.

Trading volume (470,726) eclipsed its 50-day average volume of 370,268.

Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2024.

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October 30, 2024 17:10 ET (21:10 GMT)

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