DJ Alexandria Real Estate Equities Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Alexandria Real Estate Equities Inc. $(ARE)$ slumped 0.18% to $123.49 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.25% to 5,321.41 and the Dow Jones Industrial Average rising 0.17% to 39,872.99.
This was the stock's second consecutive day of losses.
Alexandria Real Estate Equities Inc. closed $11.96 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 Tuesday, as Boston Properties Inc. $(BXP)$ rose 0.40% to $62.35, Healthpeak Properties Inc. $(DOC)$ fell 0.20% to $19.75, and Medical Properties Trust Inc. $(MPW.AU)$ fell 4.40% to $5.00.
Trading volume (484,092) remained 324,299 below its 50-day average volume of 808,391.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2024.
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(END) Dow Jones Newswires
May 21, 2024 17:09 ET (21:09 GMT)
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