Shares of Alexandria Real Estate Equities Inc.
ARE,
inched 0.24% higher to $206.04 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.00% to 4,682.80 and Dow Jones Industrial Average
DJIA,
falling 0.04% to 36,087.45. Alexandria Real Estate Equities Inc. closed $5.66 below its 52-week high ($211.70), which the company achieved on October 26th.
The stock underperformed when compared to some of its competitors Monday, as Vornado Realty Trust
VNO,
rose 2.35% to $46.60, Physicians Realty Trust
DOC,
rose 1.31% to $18.52, and Retail Opportunity Investment Corp.
ROIC,
rose 2.36% to $18.63. Trading volume (449,938) remained 155,176 below its 50-day average volume of 605,114.
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