DJ Prologis Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Prologis Inc. $(PLD)$ shed 1.01% to $105.50 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
This was the stock's second consecutive day of losses.
Prologis Inc. closed $30.26 below its 52-week high ($135.76), which the company reached on March 11th.
The stock underperformed when compared to some of its competitors Wednesday, as W. P. Carey Inc. $(WPC.SI)$ fell 0.38% to $54.78, Rexford Industrial Realty Inc. (REXR) fell 0.60% to $38.25, and EastGroup Properties Inc. (EGP) fell 0.28% to $158.71.
Trading volume (3.6 M) remained 494,775 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 16:43 ET (21:43 GMT)
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