DJ American Tower REIT Stock Underperforms Tuesday When Compared To Competitors
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Shares of American Tower REIT $(AMT)$ shed 0.48% to $185.03 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,306.04 and the Dow Jones Industrial Average falling 0.55% to 38,852.86.
This was the stock's fourth consecutive day of losses.
American Tower REIT closed $34.07 short of its 52-week high ($219.10), which the company reached on January 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as Crown Castle Inc. $(CCI)$ fell 0.43% to $97.70 and SBA Communications Corp. $(SBAC)$ fell 0.43% to $187.29.
Trading volume (1.7 M) remained 777,679 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 28, 2024.
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(END) Dow Jones Newswires
May 28, 2024 16:44 ET (20:44 GMT)
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