DJ $Public Storage(PSA-N)$ Stock Outperforms Competitors Despite Losses On The Day
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Shares of Public Storage $(PSA)$ shed 0.94% to $348.05 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.56% to 6,032.38 and the Dow Jones Industrial Average rising 0.42% to 44,910.65.
The stock's fall snapped a five-day winning streak.
Public Storage closed $21.94 short of its 52-week high ($369.99), which the company reached on October 1st.
Despite its losses, the stock outperformed some of its competitors Friday, as Extra Space Storage Inc. $(EXR.UK)$ fell 1.00% to $170.96 and CubeSmart (CUBE) fell 1.16% to $49.56.
Trading volume (690,998) remained 43,796 below its 50-day average volume of 734,794.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2024.
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(END) Dow Jones Newswires
November 29, 2024 16:50 ET (21:50 GMT)
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