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

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

Shares of Alexandria Real Estate Equities Inc. ARE, 0.52% inched 0.20% higher to $205.42 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, 0.43% rising 0.37% to 4,630.65 and the Dow Jones Industrial Average DJIA, -0.14% rising 0.39% to 36,052.63. This was the stock’s second consecutive day of gains. Alexandria Real Estate Equities Inc. closed $6.28 below its 52-week high ($211.70), which the company achieved on October 26th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Vornado Realty Trust VNO, -0.97% fell 1.15% to $43.01, Physicians Realty Trust DOC, -0.36% fell 0.73% to $19.09, and Retail Opportunity Investment Corp. ROIC, 0.00% rose 0.28% to $18.19. Trading volume (440,633) remained 231,519 below its 50-day average volume of 672,152.

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