DJ $Public Storage(PSA-N)$ Stock Outperforms Competitors Despite Losses On The Day
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Shares of Public Storage $(PSA)$ shed 3.89% to $295.86 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.61% to 5,844.61 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
This was the stock's second consecutive day of losses.
Public Storage closed 20.04% below its 52-week high of $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. $(EXR.UK)$ fell 4.37% to $145.41, CubeSmart (CUBE) fell 4.26% to $41.57, and GEO Group Inc. $(GEO)$ fell 1.66% to $26.70.
Trading volume (613,143) remained 220,048 below its 50-day average volume of 833,191.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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(END) Dow Jones Newswires
May 21, 2025 16:48 ET (20:48 GMT)
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