DJ $Public Storage(PSA-N)$ Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Public Storage $(PSA)$ rose 1.30% to $300.45 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.26% to 5,942.47 and the Dow Jones Industrial Average rising 0.80% to 42,732.13.
Public Storage closed $69.54 short of its 52-week high ($369.99), which the company reached on October 1st.
The stock underperformed when compared to some of its competitors Friday, as Extra Space Storage Inc. $(EXR.UK)$ rose 2.20% to $151.04 and CubeSmart (CUBE) rose 1.73% to $42.32.
Trading volume (488,946) remained 270,800 below its 50-day average volume of 759,746.
Data source: Dow Jones Market Data, FactSet. Data compiled January 3, 2025.
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(END) Dow Jones Newswires
January 03, 2025 16:53 ET (21:53 GMT)
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