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

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Shares of Alexandria Real Estate Equities Inc.
ARE,
+1.09%

rallied 1.09% to $154.34 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+1.83%

rising 1.83% to 3,979.87 and the Dow Jones Industrial Average
DJIA,
+1.40%

rising 1.40% to 31,581.28. This was the stock’s second consecutive day of gains. Alexandria Real Estate Equities Inc. closed $70.61 below its 52-week high ($224.95), which the company achieved on December 31st.

The stock underperformed when compared to some of its competitors Wednesday, as Vornado Realty Trust
VNO,
+1.52%

rose 1.52% to $26.74, Physicians Realty Trust
DOC,
+2.12%

rose 2.12% to $16.88, and Retail Opportunity Investment Corp.
ROIC,
+1.91%

rose 1.91% to $17.09. Trading volume (557,896) remained 434,835 below its 50-day average volume of 992,731.


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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