DJ Alexandria Real Estate Equities Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Alexandria Real Estate Equities Inc. $(ARE)$ dropped 0.70% to $102.67 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.54% to 6,051.25 and Dow Jones Industrial Average falling 0.53% to 43,914.12.
This was the stock's third consecutive day of losses.
Alexandria Real Estate Equities Inc. closed $32.78 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. $(BXP)$ fell 0.06% to $79.94, Healthpeak Properties Inc. $(DOC)$ fell 1.60% to $20.93, and Medical Properties Trust Inc. $(MPW.AU)$ rose 0.25% to $4.04.
Trading volume (932,165) remained 318,186 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 12, 2024.
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(END) Dow Jones Newswires
December 12, 2024 17:12 ET (22:12 GMT)
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