DJ Camden Property Trust Stock Underperforms Tuesday When Compared To Competitors
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Shares of Camden Property Trust $(CPT)$ shed 1.22% to $112.59 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.
Camden Property Trust closed 11.83% below its 52-week high of $127.69, which the company achieved on September 24th.
The stock underperformed when compared to some of its competitors Tuesday, as American Homes 4 Rent Cl A $(AMH.AU)$ rose 0.92% to $35.13, UDR Inc. $(UDR)$ fell 0.94% to $41.29, and Independence Realty Trust Inc. (IRT) fell 0.78% to $19.06.
Trading volume (660,593) remained 64,892 below its 50-day average volume of 725,485.
Data source: Dow Jones Market Data, FactSet. Data compiled January 28, 2025.
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(END) Dow Jones Newswires
January 28, 2025 17:19 ET (22:19 GMT)
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