June 18, 2021
Real Estate

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

Shares of Alexandria Real Estate Equities Inc.
ARE,
-0.63%

sank 0.63% to $179.96 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.27%

rising 0.27% to 4,192.66 and the Dow Jones Industrial Average
DJIA,
+0.70%

rising 0.70% to 34,113.23. The stock’s fall snapped a three-day winning streak. Alexandria Real Estate Equities Inc. closed $1.47 below its 52-week high ($181.43), which the company achieved on April 30th.

The stock underperformed when compared to some of its competitors Monday, as Vornado Realty Trust
VNO,
-0.09%

fell 0.09% to $45.71, Physicians Realty Trust
DOC,
-0.37%

fell 0.37% to $18.66, and Retail Opportunity Investment Corp.
ROIC,
+0.23%

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