Prologis (PLD) Stock Sinks As Market Gains: Here's Why

The latest trading session saw Prologis (PLD) ending at $119.34, denoting a -0.55% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.97% for the day. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.45%.Shares of the industrial real estate developer witnessed a loss of 7.87% over the previous month, trailing the performance of the Finance sector with its loss of 4.16% and the S&P 500's gain of 5.41%.The investment community wil ...