DJ Alexandria Real Estate Equities Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Alexandria Real Estate Equities Inc. $(ARE)$ dropped 0.53% to $119.87 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.03% to 5,180.74 and the Dow Jones Industrial Average rising 0.46% to 38,852.27.
The stock's fall snapped a three-day winning streak.
Alexandria Real Estate Equities Inc. closed $15.58 below 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 Monday, as Boston Properties Inc. $(BXP)$ rose 1.33% to $61.59, Healthpeak Properties Inc. $(DOC)$ remained unchanged, and Medical Properties Trust Inc. $(MPW.AU)$ fell 7.60% to $4.50.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2024.
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May 06, 2024 17:09 ET (21:09 GMT)
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