Shares of Public Storage PSA rose 1.79% to $234.07 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.29% to 31,613.02 and the S&P 500 Index SPX falling 0.03% to 3,931.33. The stock's rise snapped a four-day losing streak. Public Storage closed $6.68 below its 52-week high ($240.75), which the company achieved on November 4th.
The stock outperformed some of its competitors Wednesday, as Extra Space Storage Inc. EXR rose 0.50% to $117.78, Life Storage Inc. LSI rose 0.54% to $82.13, and PS Business Parks Inc. PSB rose 0.01% to $144.93. Trading volume (878,982) remained 7,535 below its 50-day average volume of 886,517.