DJ Mid-America Apartment Communities Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Mid-America Apartment Communities Inc. $(MAA)$ slumped 0.05% to $163.92 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.29% to 5,618.26 and Dow Jones Industrial Average falling 0.25% to 41,503.10.
This was the stock's second consecutive day of losses.
Mid-America Apartment Communities Inc. closed $3.47 short of its 52-week high ($167.39), which the company achieved on September 16th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Avalonbay Communities Inc. $(AVB)$ fell 0.16% to $230.41, Equity Residential $(EQR)$ fell 0.34% to $77.08, and UDR Inc. $(UDR)$ fell 0.39% to $46.19.
Trading volume (1.1 M) eclipsed its 50-day average volume of 709,179.
Data source: Dow Jones Market Data, FactSet. Data compiled September 18, 2024.
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(END) Dow Jones Newswires
September 18, 2024 17:11 ET (21:11 GMT)
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