DJ $Public Storage(PSA-N)$ Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Public Storage $(PSA)$ rallied 1.76% to $297.32 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.65% to 44,713.58 and the S&P 500 Index falling 1.46% to 6,012.28.
This was the stock's third consecutive day of gains.
Public Storage closed 19.64% below its 52-week high of $369.99, which the company achieved on October 1st.
The stock underperformed when compared to some of its competitors Monday, as Extra Space Storage Inc. $(EXR.UK)$ rose 2.61% to $156.00 and CubeSmart (CUBE) rose 2.42% to $42.71.
Trading volume (1.3 M) eclipsed its 50-day average volume of 720,277.
Data source: Dow Jones Market Data, FactSet. Data compiled January 27, 2025.
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(END) Dow Jones Newswires
January 27, 2025 16:48 ET (21:48 GMT)
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