Shares of UDR Inc.
inched 0.36% higher to $53.65 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.85% to 4,480.70 and the Dow Jones Industrial Average
rising 0.68% to 34,814.39. This was the stock's third consecutive day of gains. UDR Inc. closed $2.66 short of 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 Wednesday, as Equity Residential
rose 0.24% to $81.98, Avalonbay Communities Inc.
rose 0.21% to $224.75, and Essex Property Trust Inc.
rose 0.86% to $327.25. Trading volume (1.5 M) remained 369,225 below its 50-day average volume of 1.9 M.