DJ Avalonbay Communities Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Avalonbay Communities Inc. $(AVB)$ slipped 3.39% to $193.59 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 3.46% to 5,268.05 and Dow Jones Industrial Average falling 2.50% to 39,593.66.
Avalonbay Communities Inc. closed 19.10% short of its 52-week high of $239.29, which the company achieved on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Equity Residential $(EQR)$ fell 3.87% to $64.27, UDR Inc. $(UDR)$ fell 3.03% to $39.41, and Mid-America Apartment Communities Inc. $(MAA)$ fell 1.89% to $154.87.
Trading volume (1.3 M) eclipsed its 50-day average volume of 786,812.
Data source: Dow Jones Market Data, FactSet. Data compiled April 10, 2025.
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April 10, 2025 16:58 ET (20:58 GMT)
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