American Tower REIT Stock Outperforms Competitors Despite Losses On The Day

Dow Jones11-13

DJ American Tower REIT Stock Outperforms Competitors Despite Losses On The Day

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

Shares of American Tower REIT $(AMT)$ slid 1.20% to $193.72 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.29% to 5,983.99 and Dow Jones Industrial Average falling 0.86% to 43,910.98.

This was the stock's second consecutive day of losses.

American Tower REIT closed $49.84 short of its 52-week high ($243.56), which the company achieved on September 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Crown Castle Inc. $(CCI)$ fell 1.78% to $102.25 and SBA Communications Corp. $(SBAC)$ fell 0.27% to $219.60.

Trading volume (2.9 M) eclipsed its 50-day average volume of 2.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 12, 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 12, 2024 16:44 ET (21:44 GMT)

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

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Data compiled November 12, 2024. \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. 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