Shares of Alexandria Real Estate Equities Inc.
ARE,
advanced 3.10% to $218.57 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
rising 1.63% to 4,709.85 and the Dow Jones Industrial Average
DJIA,
rising 1.08% to 35,927.43. Alexandria Real Estate Equities Inc. hit a new 52-week high, surpassing its previous peak of $215.02, which the company achieved on December 13th.
The stock outperformed some of its competitors Wednesday, as Vornado Realty Trust
VNO,
fell 0.12% to $40.79, Physicians Realty Trust
DOC,
rose 1.65% to $18.52, and Retail Opportunity Investment Corp.
ROIC,
rose 2.21% to $18.99. Trading volume (839,166) eclipsed its 50-day average volume of 574,572.
…