Alexandria Real Estate Equities Inc. stock falls Thursday, still outperforms market
Shares of Alexandria Real Estate Equities Inc.
ARE,
slid 0.63% to $210.99 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.72% to 4,667.45 and Dow Jones Industrial Average
DJIA,
falling 0.00% to 35,754.69. The stock’s fall snapped a five-day winning streak. Alexandria Real Estate Equities Inc. closed $1.71 short of its 52-week high ($212.70), which the company achieved on December 8th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Vornado Realty Trust
VNO,
fell 1.48% to $42.46, Physicians Realty Trust
DOC,
fell 1.57% to $18.22, and Retail Opportunity Investment Corp.
ROIC,
fell 1.38% to $18.60.true Trading volume (598,555) eclipsed its 50-day average volume of 575,361.
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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