Shares of UDR Inc.
shed 1.19% to $45.57 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.06% to 34,133.03 and the S&P 500 Index
falling 0.67% to 4,164.66. This was the stock's second consecutive day of losses. UDR Inc. closed $1.71 below its 52-week high ($47.28), which the company reached on April 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Equity Residential
fell 1.46% to $72.33, Avalonbay Communities Inc.
fell 0.66% to $190.39, and Essex Property Trust Inc.
fell 1.10% to $283.66. Trading volume (2.4 M) eclipsed its 50-day average volume of 2.0 M.