DJ Avalonbay Communities Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Avalonbay Communities Inc. $(AVB)$ advanced 2.00% to $206.02 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.40% to 5,912.17 and the Dow Jones Industrial Average rising 0.28% to 42,215.73.
This was the stock's third consecutive day of gains.
Avalonbay Communities Inc. closed 13.90% short of its 52-week high of $239.29, which the company reached on November 27th.
The stock outperformed some of its competitors Thursday, as Equity Residential $(EQR)$ rose 1.41% to $69.98, UDR Inc. $(UDR)$ rose 1.55% to $41.32, and Mid-America Apartment Communities Inc. $(MAA)$ rose 0.60% to $155.75.
Trading volume (856,343) remained 26,842 below its 50-day average volume of 883,185.
Data source: Dow Jones Market Data, FactSet. Data compiled May 29, 2025.
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May 29, 2025 17:00 ET (21:00 GMT)
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