DJ SBA Communications Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of SBA Communications Corp. $(SBAC)$ rose 2.41% to $225.98 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 5,987.37 and the Dow Jones Industrial Average rising 0.99% to 44,736.57.
This was the stock's third consecutive day of gains.
SBA Communications Corp. closed $32.78 below its 52-week high ($258.76), which the company reached on December 14th.
The stock outperformed some of its competitors Monday, as Verizon Communications Inc. $(VZ)$ rose 1.92% to $43.98, AT&T Inc. $(T)$ fell 0.35% to $23.10, and T-Mobile US Inc. $(TMUS)$ rose 0.70% to $239.94.
Trading volume (1.0 M) eclipsed its 50-day average volume of 896,207.
Data source: Dow Jones Market Data, FactSet. Data compiled November 25, 2024.
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(END) Dow Jones Newswires
November 25, 2024 17:07 ET (22:07 GMT)
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