DJ $Public Storage(PSA-N)$ Stock Outperforms Competitors On Strong Trading Day
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Shares of Public Storage $(PSA)$ rallied 2.48% to $297.70 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.21% to 5,937.34 and Dow Jones Industrial Average falling 0.16% to 43,153.13.
This was the stock's second consecutive day of gains.
Public Storage closed 19.54% below its 52-week high of $369.99, which the company reached on October 1st.
The stock outperformed some of its competitors Thursday, as Extra Space Storage Inc. $(EXR.UK)$ rose 1.41% to $151.60 and CubeSmart (CUBE) rose 2.44% to $41.49.
Trading volume (387,589) remained 371,773 below its 50-day average volume of 759,362.
Data source: Dow Jones Market Data, FactSet. Data compiled January 16, 2025.
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January 16, 2025 16:48 ET (21:48 GMT)
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