DJ Equity Residential Stock Outperforms Competitors On Strong Trading Day
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Shares of Equity Residential $(EQR)$ inched 0.82% higher to $76.41 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 5,987.37 and the Dow Jones Industrial Average rising 0.99% to 44,736.57.
This was the stock's third consecutive day of gains.
Equity Residential closed $2.43 short of its 52-week high ($78.84), which the company achieved on September 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Avalonbay Communities Inc. $(AVB)$ rose 0.41% to $232.90, UDR Inc. $(UDR)$ rose 1.06% to $45.57, and Mid-America Apartment Communities Inc. $(MAA)$ rose 0.65% to $161.98.
Trading volume (2.3 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 25, 2024.
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(END) Dow Jones Newswires
November 25, 2024 17:03 ET (22:03 GMT)
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