Equity Residential Stock Rises Friday, Still Underperforms Market

Dow Jones04-27

DJ Equity Residential Stock Rises Friday, Still Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Equity Residential $(EQR)$ inched 0.40% higher to $65.14 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.02% to 5,099.96 and the Dow Jones Industrial Average rising 0.40% to 38,239.66.

This was the stock's eighth consecutive day of gains.

Equity Residential closed $4.31 short of its 52-week high ($69.45), which the company achieved on July 24th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Avalonbay Communities Inc. $(AVB)$ rose 0.07% to $191.45, UDR Inc. $(UDR)$ fell 0.16% to $37.91, and Mid-America Apartment Communities Inc. $(MAA)$ rose 1.60% to $129.23.

Trading volume (2.8 M) eclipsed its 50-day average volume of 2.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled April 26, 2024.

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April 26, 2024 17:05 ET (21:05 GMT)

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