DJ Prologis Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Prologis Inc. $(PLD)$ inched 0.23% higher to $117.81 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.27% to 5,823.52 and the Dow Jones Industrial Average rising 0.65% to 42,387.57.
The stock's rise snapped a two-day losing streak.
Prologis Inc. closed $19.71 below its 52-week high ($137.52), which the company achieved on December 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as W. P. Carey Inc. $(WPC.SI)$ rose 0.35% to $57.48, Rexford Industrial Realty Inc. (REXR) rose 2.08% to $44.25, and EastGroup Properties Inc. (EGP) fell 0.03% to $176.48.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2024.
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(END) Dow Jones Newswires
October 28, 2024 16:42 ET (20:42 GMT)
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