Alexandria Actual Property Equities Inc. inventory rises Friday, nonetheless underperforms market

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Published: March 3, 2023 at 4:37 p.m. ET

Shares of Alexandria Real Estate Equities Inc. ARE inched 0.46% higher to $143.83 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.61% to 4,045.64 and the Dow Jones Industrial Average DJIA rising 1.17% to 33,390.97. This was the stock’s second consecutive day of gains. Alexandria Real Estate Equities Inc. closed $63.02 short of its 52-week high ($206.85), which the company reached on April 4th.

The stock demonstrated a mixed performance when compared…

Shares of Alexandria Real Estate Equities Inc.

ARE

inched 0.46% higher to $143.83 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index

SPX

rising 1.61% to 4,045.64 and the Dow Jones Industrial Average

DJIA

rising 1.17% to 33,390.97. This was the stock’s second consecutive day of gains. Alexandria Real Estate Equities Inc. closed $63.02 short of its 52-week high ($206.85), which the company reached on April 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Boston Properties Inc.

BXP

rose 0.81% to $65.66, Healthpeak Properties Inc.

PEAK

rose 2.02% to $24.28, and Medical Properties Trust Inc.

MPW

rose 0.38% to $10.53. Trading volume (1.2 M) eclipsed its 50-day average volume of 759,667.


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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