DJ Prologis Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Prologis Inc. $(PLD)$ inched 0.41% higher to $113.86 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
This was the stock's second consecutive day of gains.
Prologis Inc. closed $23.66 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 Monday, as W. P. Carey Inc. $(WPC.SI)$ rose 0.40% to $55.34, Rexford Industrial Realty Inc. (REXR) rose 1.46% to $43.17, and EastGroup Properties Inc. (EGP) fell 0.20% to $170.86.
Trading volume (2.4 M) remained 1.2 million below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 16:43 ET (21:43 GMT)
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