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UDR Inc. stock rises Friday, still underperforms market

Shares of UDR Inc. UDR,
+0.80%
inched 0.80% higher to $39.20 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX,
+2.37%
rising 2.37% to 3,752.75 and the Dow Jones Industrial Average DJIA,
+2.47%
rising 2.47% to 31,082.56. This was the stock’s second consecutive day of gains. UDR Inc. closed $21.86 below its 52-week high ($61.06), which the company reached on January 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Equity Residential EQR,
+0.94%
rose 0.94% to $64.21, Avalonbay Communities Inc. VAT,
+1.66%
rose 1.66% to $174.89, and Essex Property Trust Inc. ESS,
+0.47%
rose 0.47% to $227.78. Trading volume (2.4 M) eclipsed its 50-day average volume of 2.3 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.

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