DJ American Tower REIT Stock Underperforms Friday When Compared To Competitors
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Shares of American Tower REIT $(AMT)$ shed 0.35% to $197.16 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 6,051.09 and the Dow Jones Industrial Average falling 0.20% to 43,828.06.
This was the stock's second consecutive day of losses.
American Tower REIT closed $46.40 short of its 52-week high ($243.56), which the company reached on September 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Crown Castle Inc. $(CCI)$ fell 0.10% to $97.11 and SBA Communications Corp. $(SBAC)$ fell 0.82% to $214.28.
Trading volume (2.0 M) remained 395,115 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 13, 2024.
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(END) Dow Jones Newswires
December 13, 2024 16:43 ET (21:43 GMT)
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