DJ UDR Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of UDR Inc. $(UDR)$ slipped 1.13% to $44.79 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.05% to 6,049.88 and the Dow Jones Industrial Average falling 0.17% to 44,705.53.
This was the stock's third consecutive day of losses.
UDR Inc. closed $2.76 short of 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 Tuesday, as Avalonbay Communities Inc. $(AVB)$ fell 1.03% to $228.42, Equity Residential $(EQR)$ fell 1.61% to $74.03, and Mid-America Apartment Communities Inc. $(MAA)$ fell 0.81% to $160.99.
Trading volume (1.6 M) remained 419,633 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 3, 2024.
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(END) Dow Jones Newswires
December 03, 2024 17:15 ET (22:15 GMT)
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