DJ SBA Communications Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of SBA Communications Corp. $(SBAC)$ inched 0.06% higher to $231.88 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.33% to 5,813.67 and Dow Jones Industrial Average falling 0.22% to 42,141.54.
The stock's rise snapped a three-day losing streak.
SBA Communications Corp. closed $26.88 below its 52-week high ($258.76), which the company reached on December 14th.
The stock outperformed some of its competitors Wednesday, as Verizon Communications Inc. $(VZ)$ fell 0.12% to $41.28, AT&T Inc. $(T)$ fell 0.72% to $22.02, and T-Mobile US Inc. $(TMUS)$ fell 1.45% to $222.77.
Trading volume (821,897) eclipsed its 50-day average volume of 805,667.
Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2024.
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(END) Dow Jones Newswires
October 30, 2024 17:05 ET (21:05 GMT)
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