DJ Essex Property Trust Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Essex Property Trust Inc. $(ESS)$ inched 0.57% higher to $233.97 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.06% to 37,775.38 and the S&P 500 Index falling 0.22% to 5,011.12.
The stock's rise snapped a four-day losing streak.
Essex Property Trust Inc. closed $18.88 below its 52-week high ($252.85), which the company reached on December 28th.
The stock underperformed when compared to some of its competitors Thursday, as Avalonbay Communities Inc. $(AVB)$ rose 0.59% to $182.02, Equity Residential $(EQR)$ rose 0.96% to $60.99, and UDR Inc. $(UDR)$ rose 1.25% to $35.78.
Trading volume (284,993) remained 99,435 below its 50-day average volume of 384,428.
Data source: Dow Jones Market Data, FactSet. Data compiled April 18, 2024.
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(END) Dow Jones Newswires
April 18, 2024 17:15 ET (21:15 GMT)
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