DJ Prologis Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Prologis Inc. $(PLD)$ slid 2.37% to $117.54 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.03% to 5,808.12 and Dow Jones Industrial Average falling 0.61% to 42,114.40.
This was the stock's second consecutive day of losses.
Prologis Inc. closed $19.98 short of its 52-week high ($137.52), which the company reached on December 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as W. P. Carey Inc. $(WPC.SI)$ fell 2.17% to $57.28, Rexford Industrial Realty Inc. (REXR) fell 2.76% to $43.35, and EastGroup Properties Inc. (EGP) fell 1.12% to $176.53.
Trading volume (3.2 M) remained 194,135 below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2024.
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(END) Dow Jones Newswires
October 25, 2024 16:42 ET (20:42 GMT)
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