Shares of Public Storage PSA slid 0.96% to $234.10 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.20% to 31,437.80 and the S&P 500 Index SPX falling 0.03% to 3,909.88. The stock's fall snapped a two-day winning streak. Public Storage closed $6.65 below its 52-week high ($240.75), which the company reached on November 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Extra Space Storage Inc. EXR fell 1.12% to $118.31, Life Storage Inc. LSI fell 1.00% to $85.10, and PS Business Parks Inc. PSB rose 0.46% to $142.53. Trading volume (696,592) remained 200,918 below its 50-day average volume of 897,510.