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Feb. 11, 2021, 4:43 p.m. EST

Public Storage stock falls Thursday, underperforms market

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Shares of Public Storage PSA shed 0.44% to $233.07 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.17% to 3,916.38 and the Dow Jones Industrial Average DJIA falling 0.02% to 31,430.70. This was the stock's second consecutive day of losses. Public Storage closed $7.68 below its 52-week high ($240.75), which the company achieved on November 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Extra Space Storage Inc. EXR fell 0.49% to $117.73, Life Storage Inc. LSI fell 0.90% to $84.33, and PS Business Parks Inc. PSB rose 0.89% to $143.80. Trading volume (852,732) remained 58,720 below its 50-day average volume of 911,452.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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