Alexandria Real Estate Equities Inc. Stock Falls 5.9%, Underperforms Peers

Dow Jones10-28

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

Shares of Alexandria Real Estate Equities Inc. slipped 5.9% to $40.86 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,722.60 and the Dow Jones Industrial Average remaining mostly unchanged at 52,377.57.

Alexandria Real Estate Equities Inc. closed 47.6% below its 52-week high of $78.00, which the company achieved on October 27th.

The stock underperformed when compared to some of its peers, as BXP Inc. fell 2.2% to $60.89, Healthpeak Properties Inc. fell 1.8% to $19.02, and Medical Properties Trust Inc. fell 2.86% to $2.72.

Trading volume totaled 3.8 million, compared to the 50-day average of 2.2 million.

Data source: Dow Jones Market Data, FactSet

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