DJ Prologis Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Prologis Inc. $(PLD)$ slid 4.64% to $110.36 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.39% to 5,521.52 and Dow Jones Industrial Average falling 1.30% to 40,813.57.
This was the stock's sixth consecutive day of losses.
Prologis Inc. closed 17.13% below its 52-week high of $133.18, which the company achieved on March 14th.
The stock underperformed when compared to some of its competitors Thursday, as W. P. Carey Inc. $(WPC.SI)$ fell 0.45% to $61.64, Rexford Industrial Realty Inc. (REXR) fell 0.92% to $38.79, and EastGroup Properties Inc. (EGP) fell 2.47% to $176.58.
Trading volume (4.8 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2025.
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(END) Dow Jones Newswires
March 13, 2025 16:38 ET (20:38 GMT)
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