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Company Close Updates

Feb. 3, 2021, 4:43 p.m. EST

Public Storage stock rises Wednesday, outperforms market

MarketWatch Automation

Shares of Public Storage PSA inched 0.43% higher to $231.30 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.10% to 3,830.17 and the Dow Jones Industrial Average DJIA rising 0.12% to 30,723.60. Public Storage closed $9.45 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 Wednesday, as Extra Space Storage Inc. EXR fell 0.95% to $116.01, Life Storage Inc. LSI rose 1.49% to $83.61, and PS Business Parks Inc. PSB fell 2.15% to $137.85. Trading volume (703,272) remained 238,108 below its 50-day average volume of 941,380.

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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