DJ Equity Residential Stock Underperforms Monday When Compared To Competitors
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Shares of Equity Residential $(EQR)$ slid 1.51% to $70.88 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.70% to 5,614.56 and Dow Jones Industrial Average falling 2.08% to 41,911.71.
Equity Residential closed 10.09% below its 52-week high of $78.84, which the company reached on September 16th.
The stock underperformed when compared to some of its competitors Monday, as Avalonbay Communities Inc. $(AVB)$ fell 0.95% to $216.37, UDR Inc. $(UDR)$ fell 0.47% to $44.27, and Mid-America Apartment Communities Inc. $(MAA)$ rose 0.59% to $167.34.
Trading volume (2.1 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2025.
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(END) Dow Jones Newswires
March 10, 2025 17:01 ET (21:01 GMT)
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