DJ UDR Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of UDR Inc. $(UDR)$ inched 0.12% higher to $43.27 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
This was the stock's third consecutive day of gains.
UDR Inc. closed $4.28 below its 52-week high ($47.55), which the company achieved on September 16th.
The stock outperformed some of its competitors Wednesday, as Avalonbay Communities Inc. $(AVB)$ fell 0.64% to $224.93, Equity Residential $(EQR)$ fell 0.90% to $71.38, and Mid-America Apartment Communities Inc. $(MAA)$ fell 0.93% to $153.59.
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 6, 2024.
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November 06, 2024 17:16 ET (22:16 GMT)
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