DJ Prologis Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Prologis Inc. $(PLD)$ shed 1.64% to $119.77 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,051.97 and Dow Jones Industrial Average falling 0.50% to 44,368.56.
The stock's fall snapped a two-day winning streak.
Prologis Inc. closed 11.78% short of its 52-week high of $135.76, which the company achieved on March 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as W. P. Carey Inc. $(WPC.SI)$ rose 2.78% to $57.70, Rexford Industrial Realty Inc. (REXR) fell 2.96% to $40.00, and EastGroup Properties Inc. (EGP) rose 0.03% to $178.86.
Trading volume (3.4 M) remained 873,759 below its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.
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(END) Dow Jones Newswires
February 12, 2025 16:39 ET (21:39 GMT)
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