DJ UDR Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of UDR Inc. $(UDR)$ sank 0.14% to $43.55 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.
UDR Inc. closed $4.00 below its 52-week high ($47.55), which the company reached on September 16th.
The stock demonstrated a mixed performance 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 Mid-America Apartment Communities Inc. $(MAA)$ rose 0.78% to $152.15.
Trading volume (3.1 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2024.
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(END) Dow Jones Newswires
October 30, 2024 17:16 ET (21:16 GMT)
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