DJ $Public Storage(PSA-N)$ Stock Outperforms Competitors Despite Losses On The Day
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Shares of Public Storage $(PSA)$ slipped 1.08% to $294.26 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.47% to 6,039.31 and Dow Jones Industrial Average falling 0.31% to 44,713.52.
The stock's fall snapped a four-day winning streak.
Public Storage closed 20.47% below its 52-week high of $369.99, which the company achieved on October 1st.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Extra Space Storage Inc. $(EXR.UK)$ fell 1.34% to $153.02 and CubeSmart (CUBE) fell 1.17% to $41.49.
Trading volume (643,315) remained 84,243 below its 50-day average volume of 727,558.
Data source: Dow Jones Market Data, FactSet. Data compiled January 29, 2025.
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(END) Dow Jones Newswires
January 29, 2025 16:49 ET (21:49 GMT)
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