Mid-America Apartment Communities Inc. MAA,
climbed 0.36% to $ 166.12 on Monday, which turned out to be an all-encompassing gloomy trading session for the stock market with the S&P 500 SPX index.
a drop of 0.08% to 4226.52 and the Dow Jones Industrial Average DJIA,
fell 0.36% to 34,630.24. This was the second consecutive day of growth in stocks. Mid-America Apartment Communities Inc. closed $ 0.47 below its 52-week high of $ 166.59 hit by the company on June 4.
On Monday, the stock was mixed against some of its peers: Equity Residential EQR.
rose 0.74% to $ 79.46, Avalonbay Communities Inc. AVB,
rose 0.18% to $ 212.14, and UDR Inc.
rose 0.71% to $ 49.38. Trading volume (437,708) remained 145,333 below the 50-day average of 583,041.