DJ Avalonbay Communities Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Avalonbay Communities Inc. $(AVB)$ shed 1.54% to $203.96 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.58% to 5,970.37 and the Dow Jones Industrial Average rising 0.51% to 42,519.64.
The stock's fall snapped a five-day winning streak.
Avalonbay Communities Inc. closed 14.76% below 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 1.47% to $68.90, UDR Inc. $(UDR)$ fell 0.77% to $41.09, and Mid-America Apartment Communities Inc. $(MAA)$ fell 2.09% to $152.42.
Data source: Dow Jones Market Data, FactSet. Data compiled June 3, 2025.
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(END) Dow Jones Newswires
June 03, 2025 16:59 ET (20:59 GMT)
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