DJ UDR Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of UDR Inc. $(UDR)$ shed 3.29% to $42.95 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
UDR Inc. closed $4.60 short of its 52-week high ($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 3.13% to $219.83, Equity Residential $(EQR)$ fell 3.55% to $70.19, and Mid-America Apartment Communities Inc. $(MAA)$ fell 3.33% to $150.87.
Trading volume (2.6 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:14 ET (22:14 GMT)
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