Shares of Equity Residential
EQR,
advanced 1.77% to $85.56 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.03% to 4,524.09 and the Dow Jones Industrial Average
DJIA,
falling 0.14% to 35,312.53. Equity Residential closed $0.27 below its 52-week high ($85.83), which the company achieved on July 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Avalonbay Communities Inc.
AVB,
rose 1.32% to $232.60, UDR Inc.
UDR,
rose 2.35% to $55.29, and Mid-America Apartment Communities Inc.
MAA,
rose 1.98% to $196.18. Trading volume (2.1 M) eclipsed its 50-day average volume of 1.4 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Read More: Equity Residential stock outperforms competitors on strong trading