Alexandria Real Estate Equities Inc. stock falls Tuesday, underperforms market

Shares of Alexandria Real Estate Equities Inc. ARE,
slid 2.87% to $144.74 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX,
falling 1.13% to 3,855.93 and Dow Jones Industrial Average DJIA,
falling 1.01% to 30,706.23. This was the stock’s sixth consecutive day of losses. Alexandria Real Estate Equities Inc. closed $80.21 below its 52-week high ($224.95), which the company achieved on December 31st.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Vornado Realty Trust VNO,
fell 2.50% to $26.12, Physicians Realty Trust DOC,
fell 1.30% to $15.98, and Retail Opportunity Investment Corp. ROIC,
fell 3.48% to $15.55. Trading volume (562,082) remained 366,326 below its 50-day average volume of 928,408.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.


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