American Tower REIT Stock Underperforms Monday When Compared To Competitors

Dow Jones11-12

DJ American Tower REIT Stock Underperforms Monday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of American Tower REIT $(AMT)$ shed 2.83% to $196.08 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.

The stock's fall snapped a two-day winning streak.

American Tower REIT closed $47.48 below its 52-week high ($243.56), which the company achieved on September 10th.

The stock underperformed when compared to some of its competitors Monday, as Crown Castle Inc. $(CCI)$ fell 1.65% to $104.10 and SBA Communications Corp. $(SBAC)$ fell 1.67% to $220.19.

Trading volume (2.7 M) eclipsed its 50-day average volume of 2.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 11, 2024 16:43 ET (21:43 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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