DJ Prologis Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Prologis Inc. $(PLD)$ slipped 1.70% to $117.87 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.70% to 5,614.56 and Dow Jones Industrial Average falling 2.08% to 41,911.71.
This was the stock's third consecutive day of losses.
Prologis Inc. closed 13.18% short of its 52-week high of $135.76, which the company reached on March 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as W. P. Carey Inc. $(WPC.SI)$ fell 0.43% to $64.49, Rexford Industrial Realty Inc. (REXR) fell 1.88% to $39.69, and EastGroup Properties Inc. (EGP) fell 1.80% to $181.10.
Trading volume (4.2 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2025.
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(END) Dow Jones Newswires
March 10, 2025 16:39 ET (20:39 GMT)
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