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StockNews.com
StockNews.com
Business
Pragya Pandey

Is Alexandria Real Estate Equities a REIT Worth Buying?

ARE Alexandria

Alexandria Real Estate Equities Inc. (ARE) in Pasadena, Calif., is the first, longest-tenured, and most pioneering owner, operator, and developer solely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations. The stock’s price has retreated by 10% over the past three months and 5.5% over the past month.

In addition, closing yesterday's trading session at $185.75, the stock is currently trading 17.4% below its 52-week-high of $224.95.

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