Avalonbay Communities Inc
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Blend
Company profile

Avalonbay Communities, Inc. is a real estate investment trust (REIT). The Company's operating segments include Established Communities, Other Stabilized Communities and Development/Redevelopment Communities. The Company is engaged in developing, redeveloping, acquiring and managing apartment communities in New England, the New York/New Jersey Metro area, the Mid-Atlantic, Southeast Florida, Denver, Colorado, the Pacific Northwest, and Northern and Southern California. It focuses on metropolitan areas in these regions. The Company generally obtains ownership in an apartment community by developing a new community on either vacant land or land with improvements that it raze, or by acquiring an existing community. In selecting sites for development or acquisition, the Company focuses on locations that are near expanding employment centers, recreation areas, entertainment, shopping, and dining.

Closing Price
$240.78
Day's Change
1.39 (0.58%)
Bid
--
Ask
--
B/A Size
--
Day's High
243.39
Day's Low
239.30
Volume
(Heavy Day)
Volume:
1,087,021

10-day average volume:
566,394
1,087,021

Bank Of America Corp. Stock Outperforms Competitors On Strong Trading Day

4:33 pm ET October 22, 2021 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Bank of America Corp. (BAC) rose 1.58% to $47.57 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.21% to 35,677.02 and the S&P 500 Index falling 0.11% to 4,544.90. Bank of America Corp. hit a new 52-week high, surpassing its previous peak of $47.48, which the company reached on October 21st.

The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. (JPM) rose 1.35% to $171.78, Citigroup Inc. (C) rose 1.22% to $71.37, and Wells Fargo & Co. (WFC) rose 0.66% to $50.66. Trading volume (35.2 M) remained 10.8 million below its 50-day average volume of 45.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 22, 2021.

-MarketWatch Automation

	

(END) Dow Jones Newswires

October 22, 2021 16:33 ET (20:33 GMT)

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