Shares of Alexandria Real Estate Equities Inc.
inched 0.87% higher to $196.70 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.71% to 4,575.52 and the Dow Jones Industrial Average
rising 0.27% to 34,955.89. This was the stock’s third consecutive day of gains. Alexandria Real Estate Equities Inc. closed $28.25 short of its 52-week high ($224.95), which the company reached on December 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Vornado Realty Trust
fell 1.61% to $45.93, Physicians Realty Trust
rose 1.59% to $17.91, and Retail Opportunity Investment Corp.
rose 0.21% to $19.06. Trading volume (768,079) remained 271,657 below its 50-day average volume of 1.0 M.