DJ $Public Storage(PSA-N)$ Stock Underperforms Monday When Compared To Competitors
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Shares of Public Storage $(PSA)$ slid 0.77% to $295.81 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,906.94 and Dow Jones Industrial Average falling 0.97% to 42,573.73.
This was the stock's second consecutive day of losses.
Public Storage closed $74.18 below its 52-week high ($369.99), which the company achieved on October 1st.
The stock underperformed when compared to some of its competitors Monday, as Extra Space Storage Inc. $(EXR.UK)$ fell 0.57% to $147.25 and CubeSmart (CUBE) fell 0.56% to $42.34.
Trading volume (546,924) remained 208,001 below its 50-day average volume of 754,925.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.
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(END) Dow Jones Newswires
December 30, 2024 16:52 ET (21:52 GMT)
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