American Tower REIT Stock Underperforms Thursday When Compared To Competitors

Dow Jones12-20 05:44

DJ American Tower REIT Stock Underperforms Thursday When Compared To Competitors

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

Shares of American Tower REIT $(AMT)$ slipped 2.95% to $179.40 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.

This was the stock's sixth consecutive day of losses.

American Tower REIT closed $64.16 short of its 52-week high ($243.56), which the company achieved on September 10th.

The stock underperformed when compared to some of its competitors Thursday, as Crown Castle Inc. $(CCI)$ fell 2.34% to $90.73 and SBA Communications Corp. $(SBAC)$ fell 1.40% to $198.24.

Trading volume (4.7 M) eclipsed its 50-day average volume of 2.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.

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December 19, 2024 16:44 ET (21:44 GMT)

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