Digital Realty Trust stock rallies and outperforms competitors
Updated
Updated · MarketWatch · Apr 30
Digital Realty Trust stock rallies and outperforms competitors
9 articles · Updated · MarketWatch · Apr 30
Shares rose 3.28% to $200.94 on Thursday, with volume at 3.2 million versus a 50-day average of 2.0 million.
The gain ended a three-day losing streak and left the stock 3.46% below its 52-week high of $208.14 reached on 24 April.
In a broadly stronger market, the S&P 500 rose 1.02% and the Dow 1.62%; Digital Realty beat Prologis and BXP gains while Alexandria Real Estate Equities fell.
With a soaring stock price but a high P/E ratio, is Digital Realty a solid AI investment or a bubble?
Can Digital Realty's AI-fueled growth overcome the strain it places on global power grids and local communities?