DJ Alexandria Real Estate Equities Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Alexandria Real Estate Equities Inc. $(ARE)$ rallied 1.93% to $99.17 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a two-day losing streak.
Alexandria Real Estate Equities Inc. closed $32.27 short of its 52-week high ($131.44), which the company achieved on December 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as BXP Inc. $(BXP)$ rose 1.79% to $74.64, Healthpeak Properties Inc. $(DOC)$ rose 1.82% to $20.12, and Medical Properties Trust Inc. $(MPW.AU)$ rose 2.66% to $3.86.
Trading volume (4.0 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 17:17 ET (22:17 GMT)
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