DJ Avalonbay Communities Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Avalonbay Communities Inc. $(AVB)$ slipped 1.86% to $204.70 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.72% to 5,886.55 and the Dow Jones Industrial Average falling 0.64% to 42,140.43.
The stock's fall snapped a two-day winning streak.
Avalonbay Communities Inc. closed 14.46% short of its 52-week high of $239.29, which the company reached on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Equity Residential $(EQR)$ fell 1.85% to $69.59, UDR Inc. $(UDR)$ fell 2.16% to $41.65, and Mid-America Apartment Communities Inc. $(MAA)$ fell 1.65% to $160.93.
Trading volume (794,831) remained 66,997 below its 50-day average volume of 861,828.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2025.
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(END) Dow Jones Newswires
May 13, 2025 16:58 ET (20:58 GMT)
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