SBA Communications Corp. Stock Underperforms Friday When Compared To Competitors

Dow Jones12-07

DJ SBA Communications Corp. Stock Underperforms Friday When Compared To Competitors

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

Shares of SBA Communications Corp. $(SBAC)$ sank 0.54% to $220.38 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.25% to 6,090.27 and the Dow Jones Industrial Average falling 0.28% to 44,642.52.

SBA Communications Corp. closed $38.38 below its 52-week high ($258.76), which the company reached on December 14th.

The stock underperformed when compared to some of its competitors Friday, as Verizon Communications Inc. $(VZ)$ fell 0.42% to $42.37, AT&T Inc. $(T)$ rose 0.21% to $23.88, and T-Mobile US Inc. $(TMUS)$ fell 0.07% to $243.78.

Trading volume (1.1 M) eclipsed its 50-day average volume of 878,832.

Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2024.

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December 06, 2024 17:06 ET (22:06 GMT)

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