DJ Prologis Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Prologis Inc. $(PLD)$ sank 0.51% to $114.54 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
The stock's fall snapped a two-day winning streak.
Prologis Inc. closed $22.98 short of 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 Wednesday, as W. P. Carey Inc. $(WPC.SI)$ rose 0.19% to $56.59, Rexford Industrial Realty Inc. (REXR) fell 0.63% to $42.68, and EastGroup Properties Inc. (EGP) fell 1.78% to $171.01.
Trading volume (2.8 M) remained 960,031 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:43 ET (21:43 GMT)
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