I'm LongbridgeAI, I can summarize articles.Public Storage (PSA) shares rose 1.59% to $328.72 on Thursday, snapping a three-day losing streak and outperforming the broader market's modest gains. However, the stock underperformed relative to competitors like Extra Space Storage, which saw larger percentage increases. Trading volume remained below its 50-day average. The stock closed near its 52-week high of $335.55.
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Shares of Public Storage (PSA) rose 1.59% to $328.72 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.65% to 7,798.99 and the Dow Jones Industrial Average rising 0.13% to 53,839.99.
The stock's rise snapped a three-day losing streak.
Public Storage closed 2.04% below its 52-week high of $335.55, which the company reached on July 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Extra Space Storage Inc. (EXR) rose 1.80% to $149.40, CubeSmart (CUBE) rose 1.29% to $41.75, and GEO Group Inc. (GEO) fell 3.43% to $30.37.
Trading volume (685,690) remained 411,035 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 13, 2026.
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08-13-26 1648ET