MF: Why Prologis stock was slipping today

© Alexey Novikov Dreamstime.com

THE MOTLEY FOOL writes:

Shares of Prologis (PLD -3.11%) were falling today after the world’s largest industrial real estate investment trust (REIT) posted second-quarter results that seemed to come up short of Wall Street’s expectations, despite beating headline estimates. As of 12:31 p.m. ET, the stock was down 4.4%.

So what

Prologis, which owns warehouses used primarily for logistics and e-commerce, posted results that were mostly in line with estimates, but the stock seemed to fall in response to its elevated valuation. Revenue in the quarter nearly ...