DJ Prologis Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Prologis Inc. $(PLD)$ rallied 1.08% to $114.65 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
The stock's rise snapped a two-day losing streak.
Prologis Inc. closed $22.87 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 0.82% to $56.23, Rexford Industrial Realty Inc. (REXR) rose 1.64% to $42.70, and EastGroup Properties Inc. (EGP) rose 0.42% to $172.72.
Trading volume (2.4 M) remained 1.4 million below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 16:42 ET (21:42 GMT)
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