DJ UDR Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of UDR Inc. $(UDR)$ slumped 0.78% to $43.07 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,906.94 and Dow Jones Industrial Average falling 0.97% to 42,573.73.
This was the stock's second consecutive day of losses.
UDR Inc. closed $4.48 below its 52-week high ($47.55), which the company achieved on September 16th.
The stock underperformed when compared to some of its competitors Monday, as Avalonbay Communities Inc. $(AVB)$ fell 0.63% to $219.79, Equity Residential $(EQR)$ fell 0.59% to $71.16, and Mid-America Apartment Communities Inc. $(MAA)$ fell 0.46% to $153.04.
Trading volume (1.0 M) remained 939,518 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.
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(END) Dow Jones Newswires
December 30, 2024 17:21 ET (22:21 GMT)
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