DJ $Public Storage(PSA-N)$ Stock Outperforms Competitors On Strong Trading Day
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Shares of Public Storage $(PSA)$ rallied 1.42% to $334.94 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
The stock's rise snapped a two-day losing streak.
Public Storage closed $35.05 below its 52-week high ($369.99), which the company reached on October 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Extra Space Storage Inc. $(EXR.UK)$ rose 0.91% to $164.04 and CubeSmart (CUBE) rose 1.76% to $48.64.
Trading volume (718,623) remained 19,910 below its 50-day average volume of 738,533.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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November 13, 2024 16:51 ET (21:51 GMT)
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