DJ Mid-America Apartment Communities Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Mid-America Apartment Communities Inc. $(MAA)$ inched 0.81% higher to $131.68 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
This was the stock's second consecutive day of gains.
Mid-America Apartment Communities Inc. closed $26.78 below its 52-week high ($158.46), which the company achieved on July 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Avalonbay Communities Inc. $(AVB)$ rose 2.41% to $192.45, Equity Residential $(EQR)$ rose 2.37% to $65.56, and UDR Inc. $(UDR)$ rose 0.21% to $37.57.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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May 02, 2024 17:15 ET (21:15 GMT)
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