DJ Alexandria Real Estate Equities Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Alexandria Real Estate Equities Inc. $(ARE)$ rallied 2.79% to $106.75 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
Alexandria Real Estate Equities Inc. closed $28.70 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 BXP Inc. $(BXP)$ rose 3.32% to $83.01, Healthpeak Properties Inc. $(DOC)$ rose 1.50% to $21.70, and Medical Properties Trust Inc. $(MPW.AU)$ rose 0.97% to $4.18.
Trading volume (1.5 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:12 ET (22:12 GMT)
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