Essex Property Trust stock sheds 1.43% and underperforms competitors

9 articles · Updated · MarketWatch · May 8

The shares closed at $263.55 on Friday as the S&P 500 rose 0.84% to 7,398.93 and the Dow Jones Industrial Average edged up 0.02%.
The decline ended a five-day winning streak, while rivals also fell less sharply, including AvalonBay Communities, Equity Residential and UDR.
Essex finished 10.38% below its 52-week high of $294.09 reached on 23 July, and trading volume of 311,234 was well below its 50-day average.

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