DJ Crown Castle Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Crown Castle Inc. $(CCI)$ inched 0.50% higher to $102.76 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
The stock's rise snapped a two-day losing streak.
Crown Castle Inc. closed $18.16 short of its 52-week high ($120.92), which the company reached on September 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Verizon Communications Inc. $(VZ)$ rose 1.83% to $41.14, AT&T Inc. $(T)$ rose 0.68% to $22.30, and T-Mobile US Inc. $(TMUS)$ rose 0.79% to $240.88.
Trading volume (2.0 M) remained 377,116 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 16:55 ET (21:55 GMT)
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