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

Shares of Alexandria Real Estate Equities Inc. ARE,
-0.86%
Tuesday fell 0.86% to $145.60 in what appeared to be an overall favorable trading session for the stock market, with the S&P 500 Index SPX,
+0.56%
up 0.56% to 3,828.11 and the Dow Jones Industrial Average DJIA,
+1.02%
up 1.02% to 33,160.83. The stock’s decline snapped a three-day winning streak. Alexandria Real Estate Equities Inc. closed $79.35 short of its 52-week high ($224.95), which the company reached on December 31st.

The stock underperformed some of its peers on Tuesday as Vornado Realty Trust VNO,
+0.57%
rose 0.57% to $23.06, Physicians Realty Trust DOC,
+0.07%
rose 0.07% to $14.21, and Retail Opportunity Investment Corp. ROIC,
-0.42%
fell 0.42% to $14.28. Trading volume (469,741) remained 367,451 below its 50-day average volume of 837,192.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our terms of use for market data.

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