DJ Mid-America Apartment Communities Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Mid-America Apartment Communities Inc. $(MAA)$ shed 1.45% to $151.41 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.92% to 6,067.70 and the Dow Jones Industrial Average rising 0.31% to 44,850.35.
The stock's fall snapped a two-day winning streak.
Mid-America Apartment Communities Inc. closed 9.55% below its 52-week high of $167.39, which the company reached on September 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Avalonbay Communities Inc. $(AVB)$ fell 0.45% to $219.35, Equity Residential $(EQR)$ fell 1.25% to $69.26, and UDR Inc. $(UDR)$ fell 0.94% to $41.29.
Trading volume (610,766) remained 36,025 below its 50-day average volume of 646,791.
Data source: Dow Jones Market Data, FactSet. Data compiled January 28, 2025.
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(END) Dow Jones Newswires
January 28, 2025 17:12 ET (22:12 GMT)
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