DJ American Tower REIT Stock Outperforms Competitors On Strong Trading Day
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Shares of American Tower REIT $(AMT)$ inched 0.63% higher to $196.97 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.11% to 5,283.40 and the Dow Jones Industrial Average falling 0.30% to 38,571.03.
This was the stock's fourth consecutive day of gains.
American Tower REIT closed $22.13 below its 52-week high ($219.10), which the company reached on January 2nd.
The stock outperformed some of its competitors Monday, as Crown Castle Inc. $(CCI)$ rose 0.60% to $103.11 and SBA Communications Corp. $(SBAC)$ rose 0.04% to $196.76.
Trading volume (2.3 M) remained 327,227 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 3, 2024.
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(END) Dow Jones Newswires
June 03, 2024 16:44 ET (20:44 GMT)
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