Updated
Updated · MarketWatch · Apr 30Alexandria Real Estate Equities shares shed 1.32%
5 articles · Updated · MarketWatch · Apr 30
- The stock closed at $40.51 on Thursday, lagging a broader rally as the S&P 500 rose 1.02% to 7,209.01 and the Dow gained 1.62% to 49,652.14.
- Alexandria ended 54.09% below its 52-week high of $88.24, reached on 19 September.
- Among peers, BXP rose 1.49% and Healthpeak added 1.13%, while Medical Properties Trust fell 3.70%, leaving Alexandria with mixed relative performance.
Amid massive debt and a dividend cut, can ARE's premier tenants rescue it from the life science real estate crash? With federal funding gone and AI changing labs, is the lucrative life science real estate boom officially over?