American Tower REIT Stock Outperforms Competitors On Strong Trading Day

Dow Jones12-21 05:45

DJ American Tower REIT Stock Outperforms Competitors On Strong Trading Day

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

Shares of American Tower REIT $(AMT)$ rose 2.41% to $183.73 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.

The stock's rise snapped a six-day losing streak.

American Tower REIT closed $59.83 below its 52-week high ($243.56), which the company achieved on September 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Crown Castle Inc. $(CCI)$ fell 0.08% to $90.66 and SBA Communications Corp. $(SBAC)$ rose 2.69% to $203.57.

Trading volume (5.7 M) eclipsed its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 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 20, 2024 16:45 ET (21:45 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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