Shares of UDR Inc.
inched 0.20% higher to $50.29 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.19% to 4,247.44 and the Dow Jones Industrial Average
rising 0.04% to 34,479.60. This was the stock's fifth consecutive day of gains. UDR Inc. closed $0.31 below its 52-week high ($50.60), which the company reached on June 10th.
The stock outperformed some of its competitors Friday, as Equity Residential
fell 0.06% to $80.75, Avalonbay Communities Inc.
fell 0.01% to $214.64, and Essex Property Trust Inc.
rose 0.02% to $314.11. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.8 M.