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Alexandria Real Estate Equities Inc. stock rises Monday, still underperforms market

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Shares of Alexandria Real Estate Equities Inc.
ARE,
+0.57%
inched 0.57% higher to $170.69 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+1.44%
rising 1.44% to 4,077.91 and the Dow Jones Industrial Average
DJIA,
+1.13%
rising 1.13% to 33,527.19. This was the stock’s second consecutive day of gains. Alexandria Real Estate Equities Inc. closed $9.10 short of its 52-week high ($179.79), which the company reached on December 17th.

The stock outperformed some of its competitors Monday, as Vornado Realty Trust
VNO,
-1.29%
fell 1.29% to $45.79, Physicians Realty Trust
DOC,
+0.33%
rose 0.33% to $18.34, and Retail Opportunity Investment Corp.
ROIC,
-0.43%
fell 0.43% to $16.23. Trading volume (676,477) remained 241,233 below its 50-day average volume of 917,710.


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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