American Tower REIT Stock Underperforms Thursday When Compared To Competitors

Dow Jones11-15

DJ American Tower REIT Stock Underperforms Thursday When Compared To Competitors

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

Shares of American Tower REIT $(AMT)$ sank 0.20% to $194.77 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.60% to 5,949.17 and Dow Jones Industrial Average falling 0.47% to 43,750.86.

American Tower REIT closed $48.79 below its 52-week high ($243.56), which the company reached on September 10th.

The stock underperformed when compared to some of its competitors Thursday, as Crown Castle Inc. $(CCI)$ rose 0.16% to $102.92 and SBA Communications Corp. $(SBAC)$ rose 0.43% to $218.47.

Trading volume (1.9 M) remained 396,705 below its 50-day average volume of 2.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 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 14, 2024 16:44 ET (21:44 GMT)

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

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