DJ Prologis Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Prologis Inc. $(PLD)$ slipped 1.42% to $121.78 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.22% to 5,778.15 and Dow Jones Industrial Average falling 1.55% to 42,520.99.
This was the stock's second consecutive day of losses.
Prologis Inc. closed 10.30% 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 Tuesday, as W. P. Carey Inc. $(WPC.SI)$ fell 0.42% to $64.46, Rexford Industrial Realty Inc. (REXR) fell 1.68% to $40.40, and EastGroup Properties Inc. (EGP) fell 0.47% to $184.11.
Trading volume (3.2 M) remained 903,141 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 4, 2025.
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(END) Dow Jones Newswires
March 04, 2025 16:37 ET (21:37 GMT)
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