DJ SBA Communications Corp. Stock Outperforms Competitors Despite Losses On The Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of SBA Communications Corp. $(SBAC)$ slipped 0.54% to $216.21 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
This was the stock's second consecutive day of losses.
SBA Communications Corp. closed $42.55 below its 52-week high ($258.76), which the company reached on December 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Verizon Communications Inc. $(VZ)$ fell 0.73% to $41.99, AT&T Inc. $(T)$ fell 0.13% to $23.48, and T-Mobile US Inc. $(TMUS)$ rose 0.36% to $234.34.
Trading volume (899,267) eclipsed its 50-day average volume of 889,704.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
December 11, 2024 17:06 ET (22:06 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments