DJ UDR Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of UDR Inc. $(UDR)$ slid 1.21% to $40.79 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.47% to 6,039.31 and Dow Jones Industrial Average falling 0.31% to 44,713.52.
This was the stock's second consecutive day of losses.
UDR Inc. closed 14.22% short of its 52-week high of $47.55, which the company achieved on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Avalonbay Communities Inc. $(AVB)$ fell 2.01% to $214.95, Equity Residential $(EQR)$ fell 1.13% to $68.48, and Mid-America Apartment Communities Inc. $(MAA)$ fell 1.88% to $148.56.
Trading volume (1.6 M) remained 287,118 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 29, 2025.
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(END) Dow Jones Newswires
January 29, 2025 17:18 ET (22:18 GMT)
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