Avalonbay Communities Inc. Stock Outperforms Competitors Despite Losses On The Day
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Avalonbay Communities Inc. (AVB) shares fell 1.16% to $179.13, despite a positive market session with the S&P 500 and Dow Jones rising. This marked the second consecutive day of losses for AVB, which is 22.19% below its 52-week high. However, AVB outperformed competitors like Equity Residential, UDR Inc., and Mid-America Apartment Communities, which saw larger declines. Trading volume was significantly higher than the 50-day average.
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