Alexandria Real Estate Equities Inc. Stock Slips 3.7%, Underperforms Peers

Dow Jones09-24

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Alexandria Real Estate Equities Inc. slid 3.7% to $51.86 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.8% to 7,706.03 and Dow Jones Industrial Average falling 0.7% to 51,511.59.

The stock's fall snapped a two-day winning streak.

Alexandria Real Estate Equities Inc. closed 40.8% short of its 52-week high of $87.54, which the company reached on September 23rd.

The stock underperformed when compared to some of its peers, as BXP Inc. fell 3.0% to $62.36, Healthpeak Properties Inc. fell 0.6% to $20.48, and Medical Properties Trust Inc. fell 1.37% to $3.59.

Trading volume totaled 1.9 million, compared to the 50-day average of 1.9 million.

Data source: Dow Jones Market Data, FactSet

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