DJ Mid-America Apartment Communities Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Mid-America Apartment Communities Inc. $(MAA)$ slid 3.41% to $149.77 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,975.38 and the Dow Jones Industrial Average falling 0.06% to 42,706.56.
Mid-America Apartment Communities Inc. closed $17.62 short of its 52-week high ($167.39), which the company reached on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Avalonbay Communities Inc. $(AVB)$ fell 2.92% to $212.78, Equity Residential $(EQR)$ fell 3.54% to $68.39, and UDR Inc. $(UDR)$ fell 3.69% to $41.49.
Trading volume (617,975) remained 46,675 below its 50-day average volume of 664,650.
Data source: Dow Jones Market Data, FactSet. Data compiled January 6, 2025.
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January 06, 2025 17:16 ET (22:16 GMT)
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