DJ Avalonbay Communities Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Avalonbay Communities Inc. $(AVB)$ shed 0.08% to $229.22 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
Avalonbay Communities Inc. closed $7.04 short of its 52-week high ($236.26), which the company achieved on September 16th.
The stock underperformed when compared to some of its competitors Monday, as Equity Residential $(EQR)$ rose 1.13% to $74.42, UDR Inc. $(UDR)$ rose 0.29% to $44.44, and Mid-America Apartment Communities Inc. $(MAA)$ rose 0.27% to $158.52.
Trading volume (547,857) remained 190,176 below its 50-day average volume of 738,033.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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November 18, 2024 17:01 ET (22:01 GMT)
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