
Essex Property Trust Inc. Stock Underperforms Friday When Compared To Competitors

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Essex Property Trust Inc. shares fell 1.41% to $257.39 on Friday, underperforming compared to competitors like Avalonbay Communities, Equity Residential, and UDR Inc. Despite a strong market session with the S&P 500 and Dow Jones rising, Essex Property Trust experienced its second consecutive day of losses, closing 18.62% below its 52-week high. Trading volume was significantly higher than the 50-day average.
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