Alexandria Real Estate Equities is yesterday's top mover after declining 4.7%
Leading equity indices in the US declined as after dropping 0.68%, Nasdaq closed at 13,700. S&P 500 shed 0.37% and closed at 4,409.59.
Today's price action is taking place amid mixed market indicators – United States CFTC Nasdaq 100 speculative net positions released yesterday at 20:30 UTC with a figure of 15,700, while the previous figure was 8,800.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. yesterday's most active real_estate stocks are listed below.
Hudson Pacific Properties, Inc. levels up 2% in yesterday's session; traders eye opening bell in a day time
Hudson Pacific Properties, Inc. lived up to expectations yesterday by maintaining its set course — generally flat but with a slight bullish bias, Hudson Pacific Properties, Inc. ranged between $4.71 and $4.9 before closing higher at $4.85. Hudson Pacific Properties, Inc.'s market cap is currently $1.38 billion with an average daily volume of 4.26 million shares.
Simon Property Group | Closed +1.69% at $112.79
The retail shopping REIT has fallen back around 15.84% over the past 4 months, from a notable high of $131.79. So far this year, it has been under-performing the S&P by 14.84%. The company's market cap currently stands at $42.21 billion with an average daily volume of 1.53 million shares. Simon Property Group has a forecast of $1.24 billion with an EPS of $1.39.
Yesterday's lacklustre sentiment ensured Alexandria Real Estate Equities slid 4.7%
Yesterday's session continued down the same path: early in yesterday's session, Alexandria Real Estate Equities Inc dropped to $113.75 from $121.15 at the end of Thursday, before closing at $115.45. During the session, it lost 4.7%. The biotech-focused REIT's market cap currently stands at $19.97 billion with an average daily trading volume of 1 million shares. So far this year, it has been doing worse than the S&P 500 by 29.86%.