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    Home»Real estate»Shares of Alexandria Real Estate Equities Inc. rise on Wednesday, still underperforming the market
    Real estate

    Shares of Alexandria Real Estate Equities Inc. rise on Wednesday, still underperforming the market

    December 21, 20221 Min Read
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    Shares of Alexandria Real Estate Equities Inc.
    ARE,
    +1.39%

    rose 1.39% to $146.89 on Wednesday, in what turned out to be an overall favorable trading session for the stock market, along with the S&P 500 Index
    SPX,
    +1.49%

    up 1.49% at 3,878.44 and the Dow Jones Industrial Average
    DJIA,
    +1.60%

    up 1.60% to 33,376.48. It was the second consecutive day of gains for the title. Alexandria Real Estate Equities Inc. closed $78.06 below its 52-week high ($224.95), which the company hit on Dec. 31.

    The stock outperformed some of its peers on Wednesday, as Boston Properties Inc.
    BXP,
    +0.82%

    rose 0.82% to $67.51, Healthpeak Properties Inc.
    PEAK,
    +1.17%

    rose 1.17% to $25.03, and Medical Properties Trust Inc.
    MPW,
    -1.19%

    fell 1.19% to $10.75. Trading volume (831,861) eclipsed its 50-day average volume of 784,128.

    Editor’s Note: This story was auto-generated by Automated previewsan automation technology provider, using data from Dow Jones and FactSet. See our Market Data Terms of Use.

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