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

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Terrence Horan

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Shares of Alexandria Real Estate Equities Inc. ARE, +1.27% advanced 1.69% to $200.86 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. This was the stock's third consecutive day of gains. Alexandria Real Estate Equities Inc. closed $8.90 below its 52-week high ($209.76), which the company reached on September 1st.

The stock outperformed some of its competitors Thursday, as Vornado Realty Trust VNO, +3.03% rose 0.74% to $44.67, Physicians Realty Trust DOC, +0.86% rose 0.92% to $18.64, and Retail Opportunity Investment Corp. ROIC, +0.88% fell 0.38% to $18.37. Trading volume (592,136) remained 75,070 below its 50-day average volume of 667,206.

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.