Public Storage Stock Underperforms Wednesday When Compared To Competitors

Dow Jones05:53

DJ $Public Storage(PSA-N)$ Stock Underperforms Wednesday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Public Storage $(PSA)$ slumped 0.92% to $295.46 Wednesday, on what proved to be an all-around great 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.

Public Storage closed $74.53 below its 52-week high ($369.99), which the company achieved on October 1st.

The stock underperformed when compared to some of its competitors Wednesday, as Extra Space Storage Inc. $(EXR.UK)$ fell 0.28% to $148.01 and CubeSmart (CUBE) fell 0.58% to $41.33.

Trading volume (580,241) remained 185,516 below its 50-day average volume of 765,757.

Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.

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January 08, 2025 16:53 ET (21:53 GMT)

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