Shares of Prologis Inc.
slid 1.18% to $132.50 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 1.07% to 4,400.27 and Dow Jones Industrial Average
falling 1.08% to 34,960.69. The stock’s fall snapped a four-day winning streak. Prologis Inc. closed $1.69 short of its 52-week high ($134.19), which the company reached on August 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Digital Realty Trust Inc.
fell 1.22% to $159.65, Rexford Industrial Realty Inc.
fell 0.88% to $61.15, and First Industrial Realty Trust Inc.
fell 1.40% to $54.94. Trading volume (2.5 M) eclipsed its 50-day average volume of 2.3 M.
View more information: https://www.marketwatch.com/story/prologis-inc-stock-outperforms-competitors-despite-losses-on-the-day-01629321419-24d8217705ae