Shares of UDR Inc.
advanced 1.32% to $55.07 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. This was the stock's third consecutive day of gains. UDR Inc. closed $1.24 below its 52-week high ($56.31), which the company achieved on July 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Equity Residential
rose 1.44% to $85.24, Avalonbay Communities Inc.
rose 1.79% to $232.39, and Essex Property Trust Inc.
rose 0.51% to $334.87. Trading volume (887,861) remained 935,629 below its 50-day average volume of 1.8 M.