Equity Residential Stock Rises Wednesday, Still Underperforms Market

Dow Jones01-09

DJ Equity Residential Stock Rises Wednesday, Still Underperforms Market

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

Shares of Equity Residential $(EQR)$ inched 0.10% higher to $67.52 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.

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

Equity Residential closed $11.32 short of its 52-week high ($78.84), which the company reached on September 16th.

The stock underperformed when compared to some of its competitors Wednesday, as Avalonbay Communities Inc. $(AVB)$ rose 0.54% to $212.37, UDR Inc. $(UDR)$ rose 0.37% to $41.22, and Mid-America Apartment Communities Inc. $(MAA)$ rose 0.73% to $149.34.

Trading volume (1.7 M) eclipsed its 50-day average volume of 1.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.

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

January 08, 2025 17:07 ET (22:07 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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