DJ UDR Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of UDR Inc. $(UDR)$ sank 0.43% to $44.31 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
This was the stock's second consecutive day of losses.
UDR Inc. closed $3.24 below its 52-week high ($47.55), which the company achieved on September 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Avalonbay Communities Inc. $(AVB)$ rose 0.49% to $226.16, Equity Residential $(EQR)$ fell 0.16% to $72.78, and Mid-America Apartment Communities Inc. $(MAA)$ fell 0.15% to $158.33.
Trading volume (1.6 M) remained 343,528 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 17:14 ET (22:14 GMT)
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