Prologis Surges to 222nd in Trading Volume with $432 Million in Shares Exchanged Amid $17 Billion Atlanta Acquisition
On May 27, 2025, PrologisPLD-- (PLD) saw a significant increase in trading volume, with a total of $432 million in shares exchanged, marking a 35.07% rise from the previous day. This surge placed Prologis at the 222nd position in terms of trading volume for the day. The stock price of Prologis also rose by 2.48%.
Prologis has made a strategic move by acquiring an 831-acre site near Atlanta for $17 billion. This acquisition is part of the company's broader strategy to expand its global data center holdings by 10 gigawatts over the next decade. This expansion aligns with the growing demand for data center infrastructure, driven by the increasing reliance on cloud computing and digital services.
This acquisition is a significant step for Prologis as it continues to diversify its portfolio and capitalize on the growing demand for data center infrastructure. The company's strategic focus on expanding its data center holdings is expected to drive long-term growth and enhance its competitive position in the market.
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