DJ Essex Property Trust Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Essex Property Trust Inc. $(ESS)$ rallied 2.50% to $249.59 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 5,209.91 and the Dow Jones Industrial Average falling 0.02% to 38,883.67.
This was the stock's third consecutive day of gains.
Essex Property Trust Inc. closed $3.26 short of its 52-week high ($252.85), which the company achieved on December 28th.
The stock outperformed some of its competitors Tuesday, as Avalonbay Communities Inc. $(AVB)$ rose 1.44% to $188.86, Equity Residential $(EQR)$ rose 1.05% to $64.47, and UDR Inc. $(UDR)$ rose 1.79% to $37.87.
Trading volume (315,049) remained 85,528 below its 50-day average volume of 400,577.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2024.
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(END) Dow Jones Newswires
April 09, 2024 17:15 ET (21:15 GMT)
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