Shares of Public Storage PSA rose 2.23% to $232.69 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.61% to 3,773.86 and the Dow Jones Industrial Average DJIA rising 0.76% to 30,211.91. This was the stock's second consecutive day of gains. Public Storage closed $8.06 short of 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 Monday, as Extra Space Storage Inc. EXR rose 2.49% to $116.62, Life Storage Inc. LSI rose 1.88% to $83.11, and PS Business Parks Inc. PSB rose 1.89% to $138.69. Trading volume (761,789) remained 163,734 below its 50-day average volume of 925,523.