Shares of Alexandria Real Estate Equities Inc.
advanced 2.23% to $202.61 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 1.42% to 4,577.10 and the Dow Jones Industrial Average
rising 1.82% to 34,639.79. The stock’s rise snapped a two-day losing streak. Alexandria Real Estate Equities Inc. closed $9.09 below its 52-week high ($211.70), which the company achieved on October 26th.
The stock underperformed when compared to some of its competitors Thursday, as Vornado Realty Trust
rose 5.21% to $41.21, Physicians Realty Trust
rose 3.20% to $18.08, and Retail Opportunity Investment Corp.
rose 4.31% to $17.90. Trading volume (637,346) eclipsed its 50-day average volume of 557,756.