Shares of UDR Inc.
slipped 0.02% to $54.34 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.20% to 4,367.48 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. The stock's fall snapped a two-day winning streak. UDR Inc. closed $0.71 below its 52-week high ($55.05), which the company reached on July 21st.
Despite its losses, the stock outperformed some of its competitors Thursday, as Equity Residential
fell 0.96% to $83.90, Avalonbay Communities Inc.
fell 1.63% to $224.45, and Essex Property Trust Inc.
fell 0.91% to $327.51.true Trading volume (4.8 M) eclipsed its 50-day average volume of 1.9 M.