DJ Mid-America Apartment Communities Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Mid-America Apartment Communities Inc. $(MAA)$ rallied 1.35% to $150.19 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,836.22 and the Dow Jones Industrial Average rising 0.86% to 42,297.12.
Mid-America Apartment Communities Inc. closed $17.20 below its 52-week high ($167.39), which the company achieved on September 16th.
The stock underperformed when compared to some of its competitors Monday, as Avalonbay Communities Inc. $(AVB)$ rose 2.38% to $215.78, Equity Residential $(EQR)$ rose 3.33% to $69.21, and UDR Inc. $(UDR)$ rose 2.22% to $40.98.
Trading volume (738,783) eclipsed its 50-day average volume of 678,634.
Data source: Dow Jones Market Data, FactSet. Data compiled January 13, 2025.
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(END) Dow Jones Newswires
January 13, 2025 17:15 ET (22:15 GMT)
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