Alexandria Real Estate Equities Inc. stock rises Wednesday, outperforms market
Shares of Alexandria Real Estate Equities Inc.
ARE,
advanced 1.57% to $163.27 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 1.05% to 4,119.21 and the Dow Jones Industrial Average
DJIA,
rising 0.02% to 34,092.96. This was the stock’s second consecutive day of gains. Alexandria Real Estate Equities Inc. closed $43.58 short of its 52-week high ($206.85), which the company reached on April 4th.
The stock outperformed some of its competitors Wednesday, as Boston Properties Inc.
BXP,
fell 0.20% to $74.39, Healthpeak Properties Inc.
PEAK,
fell 0.22% to $27.42, and Medical Properties Trust Inc.
MPW,
fell 0.15% to $12.93. Trading volume (844,683) eclipsed its 50-day average volume of 742,495.
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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