DJ Alexandria Real Estate Equities Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Alexandria Real Estate Equities Inc. $(ARE)$ inched 0.05% higher to $116.51 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.06% to 37,775.38 and the S&P 500 Index falling 0.22% to 5,011.12.
The stock's rise snapped a four-day losing streak.
Alexandria Real Estate Equities Inc. closed $18.94 short of its 52-week high ($135.45), which the company reached on December 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Boston Properties Inc. $(BXP)$ rose 1.28% to $58.69, Healthpeak Properties Inc. $(DOC)$ fell 0.33% to $18.01, and Medical Properties Trust Inc. $(MPW.AU)$ rose 4.61% to $4.99.
Trading volume (1.1 M) eclipsed its 50-day average volume of 947,035.
Data source: Dow Jones Market Data, FactSet. Data compiled April 18, 2024.
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April 18, 2024 17:09 ET (21:09 GMT)
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