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

Share:

Shares of Alexandria Real Estate Equities Inc.
ARE,
-1.07%
slid 1.07% to $193.54 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.04%
falling 0.04% to 4,461.18 and Dow Jones Industrial Average
DJIA,
-0.58%
falling 0.58% to 34,552.99. The stock’s fall snapped a four-day winning streak. Alexandria Real Estate Equities Inc. closed $31.41 below its 52-week high ($224.95), which the company reached on December 31st.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Vornado Realty Trust
VNO,
-0.65%
fell 0.65% to $45.83, Physicians Realty Trust
DOC,
+0.12%
rose 0.12% to $17.09, and Retail Opportunity Investment Corp.
ROIC,
-1.25%
fell 1.25% to $18.89. Trading volume (715,089) remained 368,140 below its 50-day average volume of 1.1 M.

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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Originally Appeared Here

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