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Feb. 24, 2021, 4:44 p.m. EST

Apartment Investment & Management Co. stock rises Wednesday, still underperforms market

MarketWatch Automation

Shares of Apartment Investment & Management Co. AIV rallied 1.00% to $5.03 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.14% to 3,925.43 and the Dow Jones Industrial Average DJIA rising 1.35% to 31,961.86. This was the stock's fourth consecutive day of gains. Apartment Investment & Management Co. closed $2.16 short of its 52-week high ($7.19), which the company reached on February 26th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Equity Residential EQR rose 1.21% to $69.35, Avalonbay Communities Inc. AVB rose 2.36% to $185.00, and UDR Inc. UDR fell 0.11% to $43.43. Trading volume (3.9 M) remained 5.7 million below its 50-day average volume of 9.6 M.

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

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