DJ UDR Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of UDR Inc. $(UDR)$ slid 1.42% to $44.55 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.60% to 5,949.17 and Dow Jones Industrial Average falling 0.47% to 43,750.86.
UDR Inc. closed $3.00 short of its 52-week high ($47.55), which the company achieved on September 16th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Avalonbay Communities Inc. $(AVB)$ fell 2.22% to $227.93, Equity Residential $(EQR)$ fell 2.10% to $73.07, and Mid-America Apartment Communities Inc. $(MAA)$ fell 2.46% to $157.37.
Trading volume (2.0 M) remained 241,115 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2024.
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November 14, 2024 17:14 ET (22:14 GMT)
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