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MAA Chart
1 Month
Date
Diff
2024-09-24
-0.47 %
Mid-America Apartment Communities (MAA) stock decreased by 0.47% due to slower rent growth resulting from a surge in new apartment supply, which has tempered the expected acceleration in rental income and investment activities.
2024-08-05
-2.33 %
Mid-America Apartments (MAA) stock fell by 2.33% likely due to ongoing challenges in the residential real estate market, which has reached unprecedented levels of unaffordability, prompting a shift towards renting rather than buying.
2024-08-01
+4.75 %
Mid-America Apartment Communities Inc. (MAA) stock rose by 4.75% following the amendment of its equity distribution agreement, which allows the company to sell up to 4 million shares under a new shelf registration statement, indicating potential for increased capital and investor confidence.
2024-06-25
-1.54 %
The article discusses the residential real estate market, focusing on Mid-America Apartment Communities, Inc. (NYSE:MAA), which reported a decline of -1.54% in stock price. The stock likely went down due to general market trends, such as high mortgage rates and an inventory shortage in the housing market, even though the company itself performed well in terms of revenues and earnings per share.
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