DJ American Tower REIT Stock Outperforms Competitors On Strong Trading Day
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Shares of American Tower REIT $(AMT)$ advanced 2.78% to $186.37 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.51% to 5,214.08 and the Dow Jones Industrial Average rising 0.85% to 39,387.76.
This was the stock's third consecutive day of gains.
American Tower REIT closed $32.73 below its 52-week high ($219.10), which the company achieved on January 2nd.
The stock outperformed some of its competitors Thursday, as Crown Castle Inc. $(CCI)$ rose 2.64% to $99.88 and SBA Communications Corp. $(SBAC)$ rose 0.64% to $198.48.
Trading volume (2.6 M) remained 43,473 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2024.
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May 09, 2024 16:44 ET (20:44 GMT)
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