DJ Prologis Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Prologis Inc. $(PLD)$ advanced 1.59% to $120.83 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.92% to 5,797.42 and Dow Jones Industrial Average falling 0.96% to 42,514.95.
This was the stock's second consecutive day of gains.
Prologis Inc. closed $16.69 short of its 52-week high ($137.52), which the company achieved on December 14th.
The stock outperformed some of its competitors Wednesday, as W. P. Carey Inc. $(WPC.SI)$ fell 0.03% to $59.03, Rexford Industrial Realty Inc. (REXR) rose 0.99% to $45.09, and EastGroup Properties Inc. (EGP) rose 0.54% to $181.21.
Trading volume (4.1 M) eclipsed its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 23, 2024.
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(END) Dow Jones Newswires
October 23, 2024 16:42 ET (20:42 GMT)
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