Avalonbay Communities Inc. Stock Outperforms Competitors Despite Losses On The Day

Dow Jones
2024-11-30

DJ Avalonbay Communities Inc. Stock Outperforms Competitors Despite Losses On The Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Avalonbay Communities Inc. $(AVB)$ slipped 1.03% to $235.35 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.56% to 6,032.38 and the Dow Jones Industrial Average rising 0.42% to 44,910.65.

The stock's fall snapped a five-day winning streak.

Avalonbay Communities Inc. closed $3.94 below its 52-week high ($239.29), which the company achieved on November 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Equity Residential $(EQR)$ fell 1.06% to $76.66, UDR Inc. $(UDR)$ fell 1.01% to $45.86, and Mid-America Apartment Communities Inc. $(MAA)$ fell 0.63% to $164.16.

Trading volume (616,785) remained 65,442 below its 50-day average volume of 682,227.

Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

November 29, 2024 17:01 ET (22:01 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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