Updated
Updated · MarketWatch · May 6
Digital Realty Trust stock rises but underperforms competitors
Updated
Updated · MarketWatch · May 6

Digital Realty Trust stock rises but underperforms competitors

9 articles · Updated · MarketWatch · May 6
  • Shares gained 1.52% to $199.68 on Wednesday, snapping a three-day losing streak as the S&P 500 rose 1.46% and the Dow added 1.24%.
  • The stock trailed peers including Prologis, up 1.87%, Alexandria Real Estate Equities, up 4.63%, and BXP, up 2.24%.
  • Digital Realty closed 4.06% below its 52-week high of $208.14 reached on 24 April, while trading volume of 1.6 million stayed below its 50-day average.
With its stock soaring on AI hype, is Digital Realty ignoring the critical threat of a global power crunch?
As Blackstone enters the fray, can Digital Realty defend its leadership in the multi-billion dollar AI infrastructure race?