Shares of Prologis Inc. PLD, -2.88% slipped 2.88% to $121.31 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.11% rising 0.11% to 4,298.86 and the Dow Jones Industrial Average DJIA, +0.13% rising 0.13% to 33,876.78.
This was the stock’s second consecutive day of losses.
Prologis Inc. closed $17.55 below its 52-week high ($138.86), which the company achieved on August 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as W. P. Carey Inc. WPC, +0.11% rose 0.11% to $70.86, Rexford Industrial Realty Inc. REXR, -3.09% fell 3.09% to $51.38, and EastGroup Properties Inc. EGP, -1.57% fell 1.57% to $169.90.
Trading volume (3.3 M) eclipsed its 50-day average volume of 3.0 M.