DJ $Public Storage(PSA-N)$ Stock Outperforms Competitors Despite Losses On The Day
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Shares of Public Storage $(PSA)$ slumped 0.96% to $296.58 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.22% to 5,868.55 and Dow Jones Industrial Average falling 0.36% to 42,392.27.
Public Storage closed $73.41 short of its 52-week high ($369.99), which the company achieved on October 1st.
Despite its losses, the stock outperformed some of its competitors Thursday, as Extra Space Storage Inc. $(EXR.UK)$ fell 1.21% to $147.79 and CubeSmart (CUBE) fell 1.72% to $41.60.
Trading volume (697,058) remained 64,905 below its 50-day average volume of 761,963.
Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.
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(END) Dow Jones Newswires
January 02, 2025 16:52 ET (21:52 GMT)
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