Jones Lang LaSalle is yesterday's top mover after declining 12.5%
Leading equity indices in the US declined as S&P 500 slipped 2.5% and closed at 3,759.69. Nasdaq shed 3.36% and closed at 10,525.
Today's price action is taking place amid mixed market indicators – United States Interest Rate came out at four, while a consensus of analysts was expecting four.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with 's most active real estate stocks listed below.
Jones Lang LaSalle | -12.5% at $141.66
Having fallen $3.89 in 6 days, Yesterday's session continued the recent downtrend: after ending Tuesday at $161.9, Jones Lang LaSalle declined to $141.09 yesterday before closing at $141.66, thereby losing 12.5% in total. Daily trading volume (1.45 million shares) increased, making up 375% of the 21-day average (387,596).
Extra Space Storage | Closed yesterday's session at $158.46
Extra Space Storage's bearish run has lasted 4 days so far (-82 cents). Yesterday's session continued down the same path: after ending Tuesday at $177.89, Extra Space Storage dropped to $156.71 early in yesterday's session and closed at $158.46. In total, it lost 10.92%. Daily trading volume (3.17 million shares) increased, making up 373% of the 21-day average (849,778).
Extra Space Storage was down, even though its quarterly earnings released on yesterday beat the analysts’ estimates. The reported earnings of 1.65 per share on revenue of $498.90 million, topping estimates of 1.59 per share on revenue of $420.67 million.
Public Storage | Currently down 8% at $283
Public Storage's bearish run has lasted 4 days so far (-$3.9). More of the same from yesterday's session: after ending Tuesday at $307.64, Public Storage dropped to $282.53 early in yesterday's session and closed at $283. In total, it lost 8%.
Public Storage was down, even though its quarterly earnings released on yesterday beat the analysts’ estimates. The reported earnings of 3.3 per share on revenue of $1 billion, topping estimates of 2.73 per share on revenue of $1 billion.