DJ Prologis Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Prologis Inc. $(PLD)$ slid 3.86% to $117.77 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.18% to 5,853.98 and Dow Jones Industrial Average falling 0.80% to 42,931.60.
This was the stock's third consecutive day of losses.
Prologis Inc. closed $19.75 below its 52-week high ($137.52), which the company reached on December 14th.
The stock underperformed when compared to some of its competitors Monday, as W. P. Carey Inc. $(WPC.SI)$ fell 1.87% to $58.89, Rexford Industrial Realty Inc. (REXR) fell 2.91% to $44.69, and EastGroup Properties Inc. (EGP) fell 1.82% to $179.50.
Trading volume (3.9 M) eclipsed its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2024.
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(END) Dow Jones Newswires
October 21, 2024 16:42 ET (20:42 GMT)
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