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. $(ARE)$ slipped 1.21% to $116.97 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,306.04 and the Dow Jones Industrial Average falling 0.55% to 38,852.86.
This was the stock's sixth consecutive day of losses.
Alexandria Real Estate Equities Inc. closed $18.48 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 Tuesday, as Boston Properties Inc. $(BXP)$ fell 2.06% to $58.09, Healthpeak Properties Inc. $(DOC)$ fell 0.99% to $18.91, and Medical Properties Trust Inc. $(MPW.AU)$ rose 1.39% to $5.11.
Trading volume (753,967) remained 27,390 below its 50-day average volume of 781,357.
Data source: Dow Jones Market Data, FactSet. Data compiled May 28, 2024.
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(END) Dow Jones Newswires
May 28, 2024 17:09 ET (21:09 GMT)
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