DJ Essex Property Trust Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Essex Property Trust Inc. $(ESS)$ advanced 1.90% to $274.60 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.05% to 5,921.54 and the Dow Jones Industrial Average rising 1.78% to 42,343.65.
The stock's rise snapped a three-day losing streak.
Essex Property Trust Inc. closed 13.57% short of its 52-week high of $317.73, which the company reached on September 17th.
The stock outperformed some of its competitors Tuesday, as Avalonbay Communities Inc. $(AVB)$ rose 1.73% to $201.46, Equity Residential $(EQR)$ rose 1.49% to $68.62, and UDR Inc. $(UDR)$ rose 1.44% to $40.04.
Trading volume (394,892) remained 79,871 below its 50-day average volume of 474,763.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2025.
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(END) Dow Jones Newswires
May 27, 2025 17:10 ET (21:10 GMT)
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