DJ SBA Communications Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of SBA Communications Corp. $(SBAC)$ slipped 1.02% to $220.81 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.49 and the Dow Jones Industrial Average rising 0.69% to 45,014.04.
SBA Communications Corp. closed $37.95 below its 52-week high ($258.76), which the company achieved on December 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Verizon Communications Inc. $(VZ)$ fell 2.99% to $42.52, AT&T Inc. $(T)$ fell 0.88% to $23.53, and T-Mobile US Inc. $(TMUS)$ fell 0.72% to $243.08.
Trading volume (872,389) eclipsed its 50-day average volume of 871,825.
Data source: Dow Jones Market Data, FactSet. Data compiled December 4, 2024.
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(END) Dow Jones Newswires
December 04, 2024 17:07 ET (22:07 GMT)
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