DJ SBA Communications Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of SBA Communications Corp. $(SBAC)$ advanced 1.31% to $223.26 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
SBA Communications Corp. closed $35.50 short of its 52-week high ($258.76), which the company achieved on December 14th.
The stock outperformed some of its competitors Monday, as Verizon Communications Inc. $(VZ)$ fell 0.02% to $42.36, AT&T Inc. $(T)$ fell 2.14% to $23.37, and T-Mobile US Inc. $(TMUS)$ fell 6.12% to $228.86.
Trading volume (748,437) remained 136,025 below its 50-day average volume of 884,462.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:07 ET (22:07 GMT)
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