DJ Prologis Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Prologis Inc. $(PLD)$ rallied 1.56% to $122.61 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.37% to 43,621.16 and the S&P 500 Index falling 0.47% to 5,955.25.
Prologis Inc. closed 9.69% below its 52-week high of $135.76, which the company reached on March 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as W. P. Carey Inc. $(WPC.SI)$ rose 2.53% to $64.32, Rexford Industrial Realty Inc. (REXR) rose 1.04% to $40.67, and EastGroup Properties Inc. (EGP) rose 0.69% to $181.89.
Trading volume (3.7 M) remained 441,142 below its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 25, 2025.
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(END) Dow Jones Newswires
February 25, 2025 16:39 ET (21:39 GMT)
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