Published on 30 Apr 2024 on Zacks via Yahoo Finance
Prologis (PLD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this industrial real estate developer have returned -17.9% over the past month versus the Zacks S&P 500 composite's -2.5% change. The Zacks REIT and Equity Trust - Other industry, to which Prologis belongs, has lost 8.4% over this period. Now the key question is: Where could the stock be headed in the near term?