DJ American Tower REIT Stock Outperforms Competitors Despite Losses On The Day
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Shares of American Tower REIT $(AMT)$ sank 0.37% to $209.37 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.08% to 5,564.41 and the Dow Jones Industrial Average rising 0.32% to 40,415.44.
This was the stock's third consecutive day of losses.
American Tower REIT closed $9.73 short of its 52-week high ($219.10), which the company reached on January 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Crown Castle Inc. $(CCI)$ fell 1.08% to $103.94 and SBA Communications Corp. $(SBAC)$ fell 0.09% to $208.82.
Trading volume (1.4 M) remained 680,341 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 22, 2024.
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(END) Dow Jones Newswires
July 22, 2024 16:44 ET (20:44 GMT)
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