DJ SBA Communications Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of SBA Communications Corp. $(SBAC)$ sank 0.82% to $214.28 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 fourth consecutive day of losses.
SBA Communications Corp. closed $42.40 short of its 52-week high ($256.68), which the company reached on December 27th.
The stock underperformed when compared to some of its competitors Friday, as Verizon Communications Inc. $(VZ)$ rose 0.48% to $42.28, AT&T Inc. $(T)$ rose 1.16% to $23.63, and T-Mobile US Inc. $(TMUS)$ fell 0.57% to $231.94.
Trading volume (609,568) remained 281,621 below its 50-day average volume of 891,189.
Data source: Dow Jones Market Data, FactSet. Data compiled December 13, 2024.
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(END) Dow Jones Newswires
December 13, 2024 17:06 ET (22:06 GMT)
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