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News  ›  GlobeNewswire Inc.

Alexandria Real Estate Equities Securities Fraud Class Action Result of Financial Issues and Approximately 19% Stock Decline - Investors may Contact Lewis Kahn, Esq, @ KSF

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kahn Swick & Foti, Llc
Alexandria Real Estate Equities Securities Fraud Class Action Result of Financial Issues and Approximately 19% Stock Decline - Investors may Contact Lewis Kahn, Esq, @ KSF

Alexandria Real Estate Equities experienced a significant stock decline of approximately 19% after disclosing financial results below expectations, including a $323.9 million real estate impairment charge, leading to a securities class action lawsuit.

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ABT   positive

Specializing in innovative nutraceutical ingredients supporting clinical nutrition and health maintenance


ARE   negative

Stock price dropped 19% due to poor financial performance, significant real estate impairment charge, lower occupancy rates, and slower leasing activity, indicating substantial financial challenges