DJ $Public Storage(PSA-N)$ Stock Outperforms Competitors Despite Losses On The Day
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Shares of Public Storage $(PSA)$ slipped 1.71% to $300.11 Wednesday, on what proved to be an all-around rough 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.
Public Storage closed 18.89% below its 52-week high of $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 1.71% to $154.80, CubeSmart (CUBE) fell 0.73% to $42.00, and GEO Group Inc. $(GEO)$ rose 3.67% to $28.22.
Trading volume (386,760) remained 322,770 below its 50-day average volume of 709,530.
Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.
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(END) Dow Jones Newswires
February 12, 2025 16:48 ET (21:48 GMT)
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