Prologis stock slides despite upbeat Q1 earnings: here’s why

Prologis Inc (NYSE: PLD) is down about 7.0% on Wednesday even though it came in ahead of Street estimates for its fiscal first quarter. Why is Prologis stock down today? The stock is being hit primarily because the real estate investment trust lowered its full-year guidance for core funds from operations (FFO). $PLD now forecasts […]