ProLogis is yesterday's top mover after gaining 5.73%
Markets closed higher yesterday; S&P 500 closed the day at 3,678, having gained 2.65%. Nasdaq gained 3.43% and closed at 10,676.
Today's price action is taking place amid mixed market indicators – United States NY Empire State Manufacturing Index (Oct) released yesterday at 12:30 UTC with a figure of -9.1, while the previous figure was -1.5.
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.
ProLogis | +5.73% at $105.23
ProLogis topped out at $105.66 having ended yesterday at $105.23. However, despite early momentum, the stock gave up its gains to now trade at $105.23.
ProLogis is scheduled to announce earnings results tomorrow. The consensus Earnings Per Share estimate is 1.34 and the consensus revenue estimate is $1.2 billion.
CubeSmart | +5.67% at $39.35
CubeSmart rose as high as $39.45 before giving up its gains and dropping back to $39.35 before the close on yesterday. Daily trading volume (1.88 million shares) increased, making up 134% of the 21-day average (1.40 million).
Park Hotels & Resorts | +4.92% at $12.38
Park Hotels & Resorts is on a 5 day uptrend, gaining a total of 8.03%. It was more of the same for Park Hotels & Resorts yesterday — an influx of buyers helped Park Hotels & Resorts to end the session higher around $12.38, while establishing a $12.11 to $12.43 session range yesterday. Yesterday's trading volume was 2.90 million shares which is slightly under the 21-day average of 4 million.