DJ Avalonbay Communities Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Avalonbay Communities Inc. $(AVB)$ slipped 1.51% to $188.81 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.23% to 5,062.25 and Dow Jones Industrial Average falling 0.91% to 37,965.60.
This was the stock's third consecutive day of losses.
Avalonbay Communities Inc. closed 21.10% below its 52-week high of $239.29, which the company reached on November 27th.
Despite its losses, the stock outperformed some of its competitors Monday, as Equity Residential $(EQR)$ fell 1.99% to $62.52, UDR Inc. $(UDR)$ fell 3.12% to $39.18, and Mid-America Apartment Communities Inc. $(MAA)$ fell 1.55% to $150.71.
Trading volume (1.8 M) eclipsed its 50-day average volume of 725,660.
Data source: Dow Jones Market Data, FactSet. Data compiled April 7, 2025.
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(END) Dow Jones Newswires
April 07, 2025 16:58 ET (20:58 GMT)
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