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Why Shares of Alexandria Real Estate Equities Stock Is Plummeting Today

The Motley Fool Logo The Motley Fool By Josh Kohn-Lindquist
Why Shares of Alexandria Real Estate Equities Stock Is Plummeting Today

Alexandria Real Estate Equities experienced a significant stock drop after reporting weak Q3 earnings, including declining revenue, lower occupancy rates, and reduced financial guidance, though long-term prospects in the biotech real estate sector remain promising.

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Q3 earnings missed expectations with 5% revenue decline, 7% FFO drop, occupancy rate reduction from 94.8% to 91.4%, and lowered 2025 guidance. Stock price dropped 18.75%, trading near decade-long lows.