Public Storage Stock Underperforms Wednesday When Compared To Competitors

Dow Jones
2024-12-12

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 $(PSA)$ shed 1.42% to $323.34 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.

This was the stock's second consecutive day of losses.

Public Storage closed $46.65 short of 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 0.54% to $159.52 and CubeSmart (CUBE) fell 0.49% to $46.64.

Trading volume (923,344) eclipsed its 50-day average volume of 702,698.

Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.

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(END) Dow Jones Newswires

December 11, 2024 16:51 ET (21:51 GMT)

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