DJ Alexandria Real Estate Equities Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Alexandria Real Estate Equities Inc. $(ARE)$ rose 1.51% to $105.89 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 5,948.71 and the Dow Jones Industrial Average rising 1.06% to 43,870.35.
The stock's rise snapped a five-day losing streak.
Alexandria Real Estate Equities Inc. closed $29.56 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 Thursday, as BXP Inc. $(BXP)$ rose 1.52% to $80.77, Healthpeak Properties Inc. $(DOC)$ rose 1.31% to $21.71, and Medical Properties Trust Inc. $(MPW.AU)$ fell 0.47% to $4.24.
Trading volume (1.2 M) remained 86,939 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2024.
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(END) Dow Jones Newswires
November 21, 2024 17:11 ET (22:11 GMT)
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