Sun Communities is trading at $116.81, up 4.04% in pre-market, with no identified company-specific catalyst for the September 29 move.

  • The company completed its UK asset sale for approximately $1.03 billion on September 22. Proceeds are expected primarily for share repurchases, debt repayment and general corporate purposes; that earlier announcement does not establish the reason for the rise.
  • The S&P 500 and Nasdaq were slightly higher, while the Dow was slightly lower, leaving the move’s cause unclear.