UDR Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones
12 Nov 2024

DJ UDR Inc. Stock Outperforms Competitors On Strong Trading Day

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Shares of UDR Inc. $(UDR)$ inched 0.36% higher to $44.64 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.

This was the stock's sixth consecutive day of gains.

UDR Inc. closed $2.91 below 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. $(AVB)$ fell 0.66% to $232.21, Equity Residential $(EQR)$ fell 0.04% to $73.50, and Mid-America Apartment Communities Inc. $(MAA)$ rose 0.55% to $160.01.

Trading volume (1.9 M) remained 342,762 below its 50-day average volume of 2.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.

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(END) Dow Jones Newswires

November 11, 2024 17:15 ET (22:15 GMT)

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