Alexandria (ARE) Loses 15.86% After Slashing Dividends
We recently published December Disappointments: 10 Big Names Troubled Early. Alexandria Real Estate Equities, Inc. (NYSE:ARE) is one of the worst performers of last week. Alexandria dropped its share prices by 15.86 percent week-on-week, as investor sentiment was primarily dented by its decision to slash its dividends to shareholders by 45 percent. In a statement earlier in the week, Alexandria Real Estate Equities, Inc. (NYSE:ARE) said that it was cutting its dividends for the fourth quarter of the year b ...