Public Storage Stock Outperforms Competitors Despite Losses On The Day

Dow Jones04-19

DJ $Public Storage(PSA-N)$ Stock Outperforms Competitors Despite Losses On The Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Public Storage $(PSA)$ dropped 0.58% to $260.28 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.06% to 37,775.38 and the S&P 500 Index falling 0.22% to 5,011.12.

This was the stock's seventh consecutive day of losses.

Public Storage closed $51.97 below its 52-week high ($312.25), which the company achieved on January 2nd.

Despite its losses, the stock outperformed some of its competitors Thursday, as Extra Space Storage Inc. $(EXR.UK)$ fell 1.40% to $134.20 and CubeSmart (CUBE) fell 0.83% to $41.86.

Trading volume (748,971) eclipsed its 50-day average volume of 718,190.

Data source: Dow Jones Market Data, FactSet. Data compiled April 18, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

April 18, 2024 16:53 ET (20:53 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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