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Updated · MarketWatch · Apr 27Extra Space Storage Inc. shares fall 1.79 percent to $139.54
5 articles · Updated · MarketWatch · Apr 27
- The stock closed at $139.54 on Monday, marking its second straight day of losses and ending 10.08% below its 52-week high.
- Extra Space Storage underperformed competitors like Public Storage, Weyerhaeuser, and CubeSmart, with trading volume at 1.1 million, below its 50-day average.
- The broader market was mixed, as the S&P 500 rose 0.12% and the Dow Jones fell 0.13% on the same day.
Will tomorrow's earnings report confirm fears of a prolonged slump for the industry leader? Is the entire self-storage industry facing a crisis of oversupply and falling demand? How will New York's landmark lawsuit impact the future of self-storage pricing? Can EXR's management platform save it from the industry's widespread downturn? Why are major investors buying this stock despite its recent legal and market troubles?