Updated
Updated · MarketWatch · May 6
Public Storage stock rises 3.40% and outperforms competitors
Updated
Updated · MarketWatch · May 6

Public Storage stock rises 3.40% and outperforms competitors

5 articles · Updated · MarketWatch · May 6
  • Shares closed at $308.98 on Wednesday, marking a second straight gain as the S&P 500 rose 1.46% and the Dow added 1.24%.
  • The stock finished 1.44% below its 52-week high of $313.51 reached on 21 April, while Extra Space Storage and CubeSmart posted smaller gains.
  • GEO Group surged 20.92%, but Public Storage trading volume of 952,487 shares was 223,132 below its 50-day average of 1.2 million.
GEO Group's stock soared 21% despite a major legal defeat. What does this surprising rally say about investor priorities?
With its $10.5 billion mega-merger, is Public Storage cementing its dominance or just becoming too big to succeed?