DJ Mid-America Apartment Communities Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Mid-America Apartment Communities Inc. $(MAA)$ inched 0.28% higher to $166.65 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.13% to 5,633.09 and the Dow Jones Industrial Average rising 0.55% to 41,622.08.
This was the stock's second consecutive day of gains.
Mid-America Apartment Communities Inc. hit a new 52-week high, surpassing its previous peak of $166.30, which the company reached on September 13th.
The stock outperformed some of its competitors Monday, as Avalonbay Communities Inc. $(AVB)$ fell 0.81% to $232.86, Equity Residential $(EQR)$ fell 0.40% to $77.77, and UDR Inc. $(UDR)$ fell 0.34% to $46.97.
Trading volume (540,314) remained 167,732 below its 50-day average volume of 708,046.
Data source: Dow Jones Market Data, FactSet. Data compiled September 16, 2024.
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(END) Dow Jones Newswires
September 16, 2024 17:11 ET (21:11 GMT)
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