DJ Avalonbay Communities Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Avalonbay Communities Inc. $(AVB)$ advanced 1.97% to $205.58 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.41% to 5,916.93 and the Dow Jones Industrial Average rising 0.65% to 42,322.75.
The stock's rise snapped a two-day losing streak.
Avalonbay Communities Inc. closed 14.09% short of its 52-week high of $239.29, which the company achieved on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Equity Residential $(EQR)$ rose 2.61% to $70.86, UDR Inc. $(UDR)$ rose 1.77% to $41.90, and Mid-America Apartment Communities Inc. $(MAA)$ rose 1.62% to $160.90.
Trading volume (1.0 M) eclipsed its 50-day average volume of 868,395.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2025.
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May 15, 2025 16:59 ET (20:59 GMT)
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