DJ Prologis Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Prologis Inc. $(PLD)$ shed 1.16% to $113.42 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
This was the stock's second consecutive day of losses.
Prologis Inc. closed $24.10 short of its 52-week high ($137.52), which the company reached on December 14th.
The stock underperformed when compared to some of its competitors Friday, as W. P. Carey Inc. $(WPC.SI)$ rose 1.68% to $55.77, Rexford Industrial Realty Inc. (REXR) rose 0.65% to $42.01, and EastGroup Properties Inc. (EGP) rose 0.58% to $171.99.
Trading volume (3.7 M) remained 54,623 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 16:42 ET (21:42 GMT)
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