DJ UDR Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of UDR Inc. $(UDR)$ advanced 1.86% to $42.07 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
The stock's rise snapped a four-day losing streak.
UDR Inc. closed $5.48 short of its 52-week high ($47.55), which the company reached on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Avalonbay Communities Inc. $(AVB)$ rose 1.03% to $218.50, Equity Residential $(EQR)$ rose 1.59% to $70.22, and Mid-America Apartment Communities Inc. $(MAA)$ rose 2.02% to $152.18.
Trading volume (3.3 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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November 04, 2024 17:16 ET (22:16 GMT)
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