I'm LongbridgeAI, I can summarize articles.Public Storage (PSA) shares fell 1.33% to $314.68 on Wednesday, underperforming the broader market and competitors like Extra Space Storage and CubeSmart despite a positive trading session for major indices. This marks the stock's second consecutive day of losses, with PSA closing 5.16% below its 52-week high. Trading volume exceeded the 50-day average.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Public Storage (PSA) slid 1.33% to $314.68 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.38% to 7,572.40 and the Dow Jones Industrial Average rising 0.29% to 52,658.64.
This was the stock's second consecutive day of losses.
Public Storage closed 5.16% below its 52-week high of $331.79, which the company reached on June 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Extra Space Storage Inc. (EXR) fell 0.59% to $144.64, CubeSmart (CUBE) fell 0.15% to $40.46, and GEO Group Inc. (GEO) rose 0.13% to $29.82.
Trading volume (981,543) eclipsed its 50-day average volume of 917,695.
Data source: Dow Jones Market Data, FactSet. Data compiled July 15, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
07-15-26 1647ET