DJ Avalonbay Communities Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Avalonbay Communities Inc. $(AVB)$ rallied 2.30% to $206.44 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.51% to 5,287.76 and the Dow Jones Industrial Average rising 2.66% to 39,186.98.
Avalonbay Communities Inc. closed 13.73% short of its 52-week high of $239.29, which the company achieved on November 27th.
The stock outperformed some of its competitors Tuesday, as Equity Residential $(EQR)$ rose 2.12% to $68.93, UDR Inc. $(UDR)$ rose 1.96% to $41.54, and Mid-America Apartment Communities Inc. $(MAA)$ rose 2.26% to $158.32.
Trading volume (610,671) remained 215,798 below its 50-day average volume of 826,469.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2025.
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April 22, 2025 16:57 ET (20:57 GMT)
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