DJ Essex Property Trust Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Essex Property Trust Inc. $(ESS)$ slid 1.23% to $232.70 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.17% to 37,798.97 and the S&P 500 Index falling 0.21% to 5,051.41.
This was the stock's third consecutive day of losses.
Essex Property Trust Inc. closed $20.15 below its 52-week high ($252.85), which the company achieved on December 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Avalonbay Communities Inc. $(AVB)$ fell 0.96% to $178.98, Equity Residential $(EQR)$ fell 1.62% to $59.68, and UDR Inc. $(UDR)$ fell 1.62% to $35.27.
Trading volume (294,088) remained 96,571 below its 50-day average volume of 390,659.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2024.
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(END) Dow Jones Newswires
April 16, 2024 17:15 ET (21:15 GMT)
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