Alexandria Real Estate Equities Inc. stock outperforms market on strong trading day

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.

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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