Shares of Alexandria Real Estate Equities Inc. ARE,
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,
up 0.56% to 3,828.11 and the Dow Jones Industrial Average DJIA,
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,
rose 0.57% to $23.06, Physicians Realty Trust DOC,
rose 0.07% to $14.21, and Retail Opportunity Investment Corp. ROIC,
fell 0.42% to $14.28. Trading volume (469,741) remained 367,451 below its 50-day average volume of 837,192.