DJ UDR Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of UDR Inc. $(UDR)$ shed 1.11% to $43.78 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,572.07 and Dow Jones Industrial Average falling 1.14% to 41,433.48.
This was the stock's second consecutive day of losses.
UDR Inc. closed 7.93% 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 Tuesday, as Avalonbay Communities Inc. $(AVB)$ fell 1.59% to $212.94, Equity Residential $(EQR)$ fell 1.55% to $69.78, and Mid-America Apartment Communities Inc. $(MAA)$ fell 1.40% to $165.00.
Trading volume (2.2 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 11, 2025.
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(END) Dow Jones Newswires
March 11, 2025 17:14 ET (21:14 GMT)
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