Shares of Alexandria Real Estate Equities Inc. ARE, -1.34% slipped 1.34% to $199.69 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.77% falling 0.77% to 4,458.58 and Dow Jones Industrial Average DJIA, -0.78% falling 0.78% to 34,607.72. This was the stock’s second consecutive day of losses. Alexandria Real Estate Equities Inc. closed $10.07 below its 52-week high ($209.76), which the company reached on September 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Vornado Realty Trust VNO, -2.75% fell 2.75% to $40.27, Physicians Realty Trust DOC, -1.19% fell 1.19% to $18.26, and Retail Opportunity Investment Corp. ROIC, -2.38% fell 2.38% to $17.26. Trading volume (625,579) remained 38,358 below its 50-day average volume of 663,937.