Prologis Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

Dow Jones
01-28

DJ Prologis Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Prologis Inc. $(PLD)$ advanced 1.95% to $121.25 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.65% to 44,713.58 and the S&P 500 Index falling 1.46% to 6,012.28.

This was the stock's third consecutive day of gains.

Prologis Inc. closed 10.69% below 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 Monday, as W. P. Carey Inc. $(WPC.SI)$ rose 3.09% to $56.97, Rexford Industrial Realty Inc. (REXR) rose 1.37% to $41.44, and EastGroup Properties Inc. (EGP) rose 0.75% to $170.99.

Trading volume (5.3 M) eclipsed its 50-day average volume of 4.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 27, 2025.

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(END) Dow Jones Newswires

January 27, 2025 16:38 ET (21:38 GMT)

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