DJ Avalonbay Communities Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Avalonbay Communities Inc. $(AVB)$ slid 3.28% to $201.74 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.61% to 5,844.61 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
This was the stock's second consecutive day of losses.
Avalonbay Communities Inc. closed 15.69% below its 52-week high of $239.29, which the company reached on November 27th.
The stock underperformed when compared to some of its competitors Wednesday, as Equity Residential $(EQR)$ fell 3.07% to $68.93, UDR Inc. $(UDR)$ fell 3.21% to $40.65, and Mid-America Apartment Communities Inc. $(MAA)$ fell 2.69% to $156.04.
Trading volume (625,489) remained 253,636 below its 50-day average volume of 879,125.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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May 21, 2025 17:00 ET (21:00 GMT)
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