Alexandria Real Estate Equities (ARE) announced after the bell Monday that it commenced an underwritten public offering of 6,000,000 shares of common stock. The stock is now down 2.16 on 28K shares.
Alexandria Real Estate Equities traded in a range for the bulk of Monday's session and closed up by 0.23 at $75.63. The stock has been on an upward trend for the last 2 weeks.
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