DJ SBA Communications Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of SBA Communications Corp. $(SBAC)$ inched 0.37% higher to $197.01 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.23% to 5,433.74 and the Dow Jones Industrial Average falling 0.17% to 38,647.10.
This was the stock's second consecutive day of gains.
SBA Communications Corp. closed $61.75 short of its 52-week high ($258.76), which the company achieved on December 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Verizon Communications Inc. $(VZ)$ rose 0.03% to $39.78, AT&T Inc. $(T)$ rose 0.34% to $17.67, and T-Mobile US Inc. $(TMUS)$ rose 0.76% to $175.11.
Trading volume (952,696) eclipsed its 50-day average volume of 907,197.
Data source: Dow Jones Market Data, FactSet. Data compiled June 13, 2024.
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(END) Dow Jones Newswires
June 13, 2024 17:08 ET (21:08 GMT)
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