Prologis Surges to 97th in Trading Volume with 16.40 Billion Shares Exchanged Amid Tariff Turmoil

On April 9, 2025, Prologis saw a significant surge in trading volume, with a total of 16.40 billion shares exchanged, marking an 117.6% increase from the previous day. This substantial trading activity placed Prologis at the 97th position in terms of daily trading volume. The stock price of Prologis (PLD) rose by 9.43%.

Prologis, the world's largest industrial landlord, experienced a double downgrade by Scotiabank on Monday, leading to a decline in its stock price to a nearly five-year low. This downgrade was attributed to the ongoing tariff turmoil affecting the company's operations and market outlook.

Following the recent decline, Prologis is currently trading at a historically low valuation of just 16 times its 2025 FFO guidance. This valuation reflects the market's concerns over the company's future performance amidst the current economic uncertainties.

Prologis, Inc. has seen its stock holdings reduced by Legal & General Group Plc, with the stock's market capitalization standing at $90.94 billion. The company's price-to-earnings (PE) ratio is 24.53, indicating a moderate valuation relative to its earnings.