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 2.72% to $108.33 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.29% to 5,983.99 and Dow Jones Industrial Average falling 0.86% to 43,910.98.
This was the stock's second consecutive day of losses.
Alexandria Real Estate Equities Inc. closed $27.12 short of 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 BXP Inc. $(BXP.UK)$ fell 3.57% to $79.03, Healthpeak Properties Inc. $(DOC)$ fell 2.51% to $21.79, and Medical Properties Trust Inc. $(MPW.AU)$ fell 3.97% to $4.35.
Trading volume (1.0 M) remained 202,037 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 12, 2024.
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(END) Dow Jones Newswires
November 12, 2024 17:11 ET (22:11 GMT)
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