DJ SBA Communications Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of SBA Communications Corp. $(SBAC)$ slid 1.55% to $208.99 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.39% to 6,050.61 and Dow Jones Industrial Average falling 0.61% to 43,449.90.
This was the stock's sixth consecutive day of losses.
SBA Communications Corp. closed $47.69 short of its 52-week high ($256.68), which the company achieved on December 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Verizon Communications Inc. $(VZ)$ fell 0.24% to $40.78, AT&T Inc. $(T)$ fell 0.04% to $22.83, and T-Mobile US Inc. $(TMUS)$ fell 3.82% to $220.71.
Data source: Dow Jones Market Data, FactSet. Data compiled December 17, 2024.
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(END) Dow Jones Newswires
December 17, 2024 17:07 ET (22:07 GMT)
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