UDR Inc. Stock Rises Monday, Still Underperforms Market

Dow Jones09-10

DJ UDR Inc. Stock Rises Monday, Still Underperforms Market

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

Shares of UDR Inc. $(UDR)$ rallied 1.07% to $44.52 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.16% to 5,471.05 and the Dow Jones Industrial Average rising 1.20% to 40,829.59.

The stock's rise snapped a three-day losing streak.

UDR Inc. closed $0.58 short of its 52-week high ($45.10), which the company reached on September 4th.

The stock outperformed some of its competitors Monday, as Avalonbay Communities Inc. $(AVB)$ rose 0.85% to $225.49, Equity Residential $(EQR)$ rose 1.02% to $75.10, and Mid-America Apartment Communities Inc. $(MAA)$ rose 0.48% to $160.30.

Trading volume (3.1 M) eclipsed its 50-day average volume of 2.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled September 9, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

September 09, 2024 17:17 ET (21:17 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment