DJ $Public Storage(PSA-N)$ Stock Rises Monday, Still Underperforms Market
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Shares of Public Storage $(PSA)$ inched 0.41% higher to $261.44 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
This was the stock's second consecutive day of gains.
Public Storage closed $50.81 below its 52-week high ($312.25), which the company achieved on January 2nd.
The stock outperformed some of its competitors Monday, as Extra Space Storage Inc. $(EXR.UK)$ rose 0.21% to $132.74 and CubeSmart (CUBE) rose 0.26% to $42.16.
Trading volume (769,849) eclipsed its 50-day average volume of 721,193.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
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April 22, 2024 16:54 ET (20:54 GMT)
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