DJ Prologis Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Prologis Inc. $(PLD)$ shed 9.57% to $101.59 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 4.84% to 5,396.52 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
Prologis Inc. closed 23.37% below its 52-week high of $132.57, which the company achieved on September 10th.
The stock underperformed when compared to some of its competitors Thursday, as W. P. Carey Inc. $(WPC.SI)$ fell 2.07% to $61.38, Rexford Industrial Realty Inc. (REXR) fell 8.98% to $35.87, and EastGroup Properties Inc. (EGP) fell 5.61% to $165.80.
Trading volume (7.6 M) eclipsed its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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(END) Dow Jones Newswires
April 03, 2025 16:37 ET (20:37 GMT)
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