DJ $Public Storage(PSA-N)$ Stock Underperforms Wednesday When Compared To Competitors
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Shares of Public Storage $(PSA)$ slid 0.48% to $332.86 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
This was the stock's second consecutive day of losses.
Public Storage closed $37.13 short of its 52-week high ($369.99), which the company reached on October 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Extra Space Storage Inc. $(EXR.UK)$ fell 0.28% to $165.04 and CubeSmart (CUBE) fell 1.37% to $48.31.
Trading volume (525,012) remained 199,625 below its 50-day average volume of 724,637.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:50 ET (21:50 GMT)
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