DJ $Public Storage(PSA-N)$ Stock Outperforms Competitors On Strong Trading Day
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Shares of Public Storage $(PSA)$ inched 0.04% higher to $260.38 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.56% to 37,986.40 and the S&P 500 Index falling 0.88% to 4,967.23.
The stock's rise snapped a seven-day losing streak.
Public Storage closed $51.87 short of its 52-week high ($312.25), which the company reached on January 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Extra Space Storage Inc. $(EXR.UK)$ fell 1.30% to $132.46 and CubeSmart (CUBE) rose 0.45% to $42.05.
Trading volume (737,569) eclipsed its 50-day average volume of 720,175.
Data source: Dow Jones Market Data, FactSet. Data compiled April 19, 2024.
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(END) Dow Jones Newswires
April 19, 2024 16:54 ET (20:54 GMT)
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