DJ Alexandria Real Estate Equities Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Alexandria Real Estate Equities Inc. $(ARE)$ dropped 0.37% to $123.71 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.09% to 5,308.13 and the Dow Jones Industrial Average falling 0.49% to 39,806.77.
Alexandria Real Estate Equities Inc. closed $11.74 short of its 52-week high ($135.45), which the company achieved on December 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Boston Properties Inc. $(BXP)$ fell 1.74% to $62.10, Healthpeak Properties Inc. $(DOC)$ fell 0.50% to $19.79, and Medical Properties Trust Inc. $(MPW.AU)$ rose 4.39% to $5.23.
Trading volume (380,779) remained 436,257 below its 50-day average volume of 817,036.
Data source: Dow Jones Market Data, FactSet. Data compiled May 20, 2024.
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(END) Dow Jones Newswires
May 20, 2024 17:08 ET (21:08 GMT)
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