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. $(ARE)$ slid 4.28% to $97.93 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
Alexandria Real Estate Equities Inc. closed $33.90 below its 52-week high ($131.83), which the company reached on December 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as BXP Inc. $(BXP)$ fell 7.63% to $74.23, Healthpeak Properties Inc. $(DOC)$ fell 4.26% to $19.98, and Medical Properties Trust Inc. $(MPW.AU)$ fell 1.26% to $3.92.
Trading volume (2.2 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:11 ET (22:11 GMT)
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