DJ Alexandria Real Estate Equities Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Alexandria Real Estate Equities Inc. $(ARE)$ slipped 1.96% to $117.30 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.46% to 5,048.42 and Dow Jones Industrial Average falling 0.98% to 38,085.80.
The stock's fall snapped a three-day winning streak.
Alexandria Real Estate Equities Inc. closed $18.15 below its 52-week high ($135.45), which the company reached on December 14th.
The stock underperformed when compared to some of its competitors Thursday, as Boston Properties Inc. $(BXP)$ fell 1.57% to $61.95, Healthpeak Properties Inc. $(DOC)$ fell 1.56% to $18.34, and Medical Properties Trust Inc. $(MPW.AU)$ fell 0.22% to $4.56.
Trading volume (1.4 M) eclipsed its 50-day average volume of 929,429.
Data source: Dow Jones Market Data, FactSet. Data compiled April 25, 2024.
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(END) Dow Jones Newswires
April 25, 2024 17:08 ET (21:08 GMT)
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