DJ Avalonbay Communities Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Avalonbay Communities Inc. $(AVB)$ slid 4.52% to $205.86 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 4.84% to 5,396.52 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
Avalonbay Communities Inc. closed 13.97% below its 52-week high of $239.29, which the company achieved on November 27th.
The stock underperformed when compared to some of its competitors Thursday, as Equity Residential $(EQR)$ fell 4.30% to $68.55, UDR Inc. $(UDR)$ fell 3.66% to $43.70, and Mid-America Apartment Communities Inc. $(MAA)$ fell 2.60% to $163.64.
Trading volume (1.2 M) eclipsed its 50-day average volume of 688,400.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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(END) Dow Jones Newswires
April 03, 2025 16:56 ET (20:56 GMT)
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