DJ Equity Residential Stock Outperforms Competitors Despite Losses On The Day
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Shares of Equity Residential $(EQR)$ slipped 2.39% to $71.91 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.78% to 5,738.52 and Dow Jones Industrial Average falling 0.99% to 42,579.08.
Equity Residential closed 8.78% below its 52-week high of $78.84, which the company reached on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Avalonbay Communities Inc. $(AVB)$ fell 2.66% to $218.50, UDR Inc. $(UDR)$ fell 2.12% to $44.22, and Mid-America Apartment Communities Inc. $(MAA)$ fell 1.92% to $166.77.
Trading volume (1.7 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2025.
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(END) Dow Jones Newswires
March 06, 2025 16:59 ET (21:59 GMT)
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