Shares of Public Storage PSA slipped 0.13% to $234.70 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.00% to 31,494.32 and the S&P 500 Index SPX falling 0.19% to 3,906.71. The stock's fall snapped a two-day winning streak. Public Storage closed $6.05 short of its 52-week high ($240.75), which the company achieved on November 4th.
The stock underperformed when compared to some of its competitors Friday, as Extra Space Storage Inc. EXR rose 1.10% to $119.63, Life Storage Inc. LSI rose 1.27% to $82.95, and PS Business Parks Inc. PSB rose 0.18% to $143.42. Trading volume (758,598) remained 130,075 below its 50-day average volume of 888,673.