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. $(ARE)$ slipped 1.12% to $76.94 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.57% to 4,982.77 and Dow Jones Industrial Average falling 0.84% to 37,645.59.
This was the stock's fourth consecutive day of losses.
Alexandria Real Estate Equities Inc. closed 40.88% short of its 52-week high of $130.14, which the company achieved on July 18th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as BXP Inc. $(BXP)$ fell 2.79% to $56.86, Healthpeak Properties Inc. $(DOC)$ fell 1.15% to $17.99, and Medical Properties Trust Inc. $(MPW.AU)$ fell 3.28% to $5.01.
Trading volume (3.0 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 8, 2025.
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(END) Dow Jones Newswires
April 08, 2025 17:13 ET (21:13 GMT)
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