DJ Prologis Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Prologis Inc. $(PLD)$ slipped 1.18% to $117.84 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,994.57 and Dow Jones Industrial Average falling 0.28% to 44,421.91.
This was the stock's second consecutive day of losses.
Prologis Inc. closed 13.20% 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. $(WPC.SI)$ fell 0.86% to $55.43, Rexford Industrial Realty Inc. (REXR) fell 1.43% to $40.08, and EastGroup Properties Inc. (EGP) fell 0.55% to $168.68.
Trading volume (3.7 M) remained 654,900 below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2025.
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(END) Dow Jones Newswires
February 03, 2025 16:38 ET (21:38 GMT)
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