industry closed the day down 2.9%.
) were all decliners today within the real estate industry with
) being today's featured real estate loser. ProLogis Inc fell $1.18 (-4.5%) to $25.10 on light volume. Throughout the day, 2.4 million shares of ProLogis Inc exchanged hands as compared to its average daily volume of 4.8 million shares.
ProLogis operates as a real estate investment trust in the United States. It owns, operates, and develops industrial distribution properties in North America, Europe, and Asia. ProLogis Inc has a market cap of $12 billion and is part of the
sector. Shares are down 17.8% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates ProLogis as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share.
- You can view the full ProLogis Ratings Report.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider
) while those bearish on the real estate industry could consider
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