DJ Mid-America Apartment Communities Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Mid-America Apartment Communities Inc. $(MAA)$ advanced 1.67% to $170.92 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.76% to 5,849.72 and Dow Jones Industrial Average falling 1.48% to 43,191.24.
This was the stock's third consecutive day of gains.
Mid-America Apartment Communities Inc. hit a new 52-week high, surpassing its previous peak of $169.05, which the company reached on February 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Avalonbay Communities Inc. $(AVB)$ rose 0.84% to $228.08, Equity Residential $(EQR)$ rose 1.15% to $75.02, and UDR Inc. $(UDR)$ rose 1.90% to $46.04.
Trading volume (882,059) eclipsed its 50-day average volume of 741,557.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2025.
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March 03, 2025 17:08 ET (22:08 GMT)
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