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The Biggest Real Estate Company in the U.S. Is Soaring -- Here's Why
PLDPrologis(PLD) The Motley Fool·2025-01-21 17:14

Shares of industrial real estate leader Prologis (PLD 3.65%) spiked higher on Tuesday, with shares up by about 5% as of 11:30 a.m. ET. The massive real estate investment trust reported its fourth-quarter and year-end 2024 results, and it seems fair to say that investors are happy with what they're seeing.Strong results from the industrial leaderThe main reason for Prologis' move on Tuesday was its latest earnings report. For the fourth quarter, Prologis reported core funds from operations (core FFO -- the r ...