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UDR Inc. stock rises Wednesday, still underperforms market

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Terrence Horan

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Shares of UDR Inc. UDR, -0.80% 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 SPX, +0.15% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.10% 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 EQR, -0.35% rose 0.24% to $81.98, Avalonbay Communities Inc. AVB, -0.38% rose 0.21% to $224.75, and Essex Property Trust Inc. ESS, -1.02% rose 0.86% to $327.25. Trading volume (1.5 M) remained 369,225 below its 50-day average volume of 1.9 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.