Digital Realty Trust Inc. Stock Falls Friday, Underperforms Market
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Shares of Digital Realty Trust Inc. (DLR) slipped 3.93% to $115.21 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.04% to 4,136.48 and Dow Jones Industrial Average falling 0.38% to 33,926.01. The stock's fall snapped a three-day winning streak. Digital Realty Trust Inc. closed $38.29 short of its 52-week high ($153.50), which the company reached on April 20th.
The stock underperformed when compared to some of its competitors Friday, as Prologis Inc. (PLD) fell 2.13% to $131.62, Alexandria Real Estate Equities Inc. (ARE) fell 1.77% to $167.79, and Boston Properties Inc. (BXP) fell 3.69% to $75.48. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2023.
(END) Dow Jones Newswires
February 03, 2023 16:50 ET (21:50 GMT)
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