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Alexandria Real Estate Equities (ARE) Is Down On Offering News

Alexandria Real Estate Equities (ARE) announced after the bell Wednesday that it is commencing an underwritten public offering of 6,000,000 shares of common stock. The stock is now down 2.64 on 12K shares.

Alexandria Real Estate Equities fell in early trade Wednesday, before settling into a range. Shares finished with a loss of 0.61 at $129.32.

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