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

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

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Shares of Alexandria Real Estate Equities Inc.
ARE,
+0.09%

inched 0.09% higher to $206.22 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.39%

rising 0.39% to 4,700.90 and the Dow Jones Industrial Average
DJIA,
+0.15%

rising 0.15% to 36,142.22. This was the stock’s second consecutive day of gains. Alexandria Real Estate Equities Inc. closed $5.48 short of its 52-week high ($211.70), which the company reached on October 26th.

The stock outperformed some of its competitors Tuesday, as Vornado Realty Trust
VNO,
-2.85%

fell 2.85% to $45.27, Physicians Realty Trust
DOC,
-1.03%

fell 1.03% to $18.33, and Retail Opportunity Investment Corp.
ROIC,
-1.45%

fell 1.45% to $18.36. Trading volume (453,749) remained 147,997 below…

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