Alexandria Real Estate Equities is Friday's top mover after declining 4.7%
Leading equity indices in the US declined as Nasdaq was down 0.68% before closing the session at 13,700. S&P 500 shed 0.37% and closed at 4,409.59.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with 's most active real_estate stocks listed below.
Hudson Pacific Properties, Inc. | Up 2% to $4.85 Friday
Having soared to a high of $16.06 approximately 11 months ago, the office-focused REIT is now trading 70.39% lower. The office-focused REIT's market cap currently stands at $1.38 billion with an average daily trading volume of 4.27 million shares. Hudson Pacific Properties, Inc. expected revenue of $251.3 million with an EPS of -14 cents.
Simon Property Group | Closed +1.69% at $112.79
The real estate investment trust has fallen back around 15.84% from the significant high of $131.79 set 4 months ago. So far this year, it has been doing worse than the S&P by 14.84%. Simon Property Group's market cap currently stands at $42.21 billion with an average daily volume of 1.53 million shares. Simon Property Group is forecasted to generate revenues of $1.24 billion and EPS of $1.39.
Alexandria Real Estate Equities | Closed down 4.7% at $115.45 Friday
Alexandria Real Estate Equities Inc traded at $115.45 after making its biggest single-day drop of $5.7 (4.7%) since May 24. The biotech-focused REIT has recovered 8.93% since descending to a significant low of $111.22 around 24 days ago. So far this year, it has been under-performing the S&P 500 by 29.86%. Currently, the life sciences-focused REIT has a market capitalization of $19.97 billion with an average daily volume of 1 million shares. $700.79 million was Alexandria Real Estate Equities's last reported revenue with 44 cents being the current EPS.