DJ Avalonbay Communities Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Avalonbay Communities Inc. $(AVB)$ rallied 1.20% to $223.62 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.37% to 43,621.16 and the S&P 500 Index falling 0.47% to 5,955.25.
This was the stock's second consecutive day of gains.
Avalonbay Communities Inc. closed 6.55% short of its 52-week high of $239.29, which the company reached on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Equity Residential $(EQR)$ rose 1.07% to $72.98, UDR Inc. $(UDR)$ rose 1.39% to $43.79, and Mid-America Apartment Communities Inc. $(MAA)$ rose 1.15% to $164.72.
Trading volume (458,308) remained 180,885 below its 50-day average volume of 639,193.
Data source: Dow Jones Market Data, FactSet. Data compiled February 25, 2025.
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February 25, 2025 16:59 ET (21:59 GMT)
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