DJ Avalonbay Communities Inc. Stock Rises Wednesday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Avalonbay Communities Inc. $(AVB)$ inched 0.49% higher to $226.16 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
Avalonbay Communities Inc. closed $13.13 below its 52-week high ($239.29), which the company reached on November 27th.
The stock outperformed some of its competitors Wednesday, as Equity Residential $(EQR)$ fell 0.16% to $72.78, UDR Inc. $(UDR)$ fell 0.43% to $44.31, and Mid-America Apartment Communities Inc. $(MAA)$ fell 0.15% to $158.33.
Trading volume (696,097) eclipsed its 50-day average volume of 619,673.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 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
December 11, 2024 17:01 ET (22:01 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments