DJ UDR Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of UDR Inc. $(UDR)$ slipped 1.96% to $40.50 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.37 and the Dow Jones Industrial Average rising 0.30% to 44,156.73.
UDR Inc. closed 14.83% below its 52-week high of $47.55, which the company reached on September 16th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Avalonbay Communities Inc. $(AVB)$ fell 2.20% to $214.41, Equity Residential $(EQR)$ fell 2.50% to $68.38, and Mid-America Apartment Communities Inc. $(MAA)$ fell 2.25% to $147.13.
Trading volume (2.3 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 2025.
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(END) Dow Jones Newswires
January 22, 2025 17:17 ET (22:17 GMT)
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