Shares of Alexandria Real Estate Equities Inc.
slipped 1.55% to $190.26 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 1.23% to 4,456.24 and Dow Jones Industrial Average
falling 1.29% to 34,358.50. This was the stock’s third consecutive day of losses. Alexandria Real Estate Equities Inc. closed $34.69 below 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 Wednesday, as Vornado Realty Trust
fell 1.46% to $45.30, Physicians Realty Trust
fell 0.29% to $17.16, and Retail Opportunity Investment Corp.
fell 1.78% to $18.75. Trading volume (709,374) remained 343,682 below its 50-day average volume of 1.1 M.