DJ SBA Communications Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of SBA Communications Corp. $(SBAC)$ rallied 2.69% to $203.57 Friday, on what proved to be an all-around favorable 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 an eight-day losing streak.
SBA Communications Corp. closed $53.11 below its 52-week high ($256.68), which the company achieved on December 27th.
The stock outperformed some of its competitors Friday, as Verizon Communications Inc. $(VZ)$ fell 0.10% to $39.93, AT&T Inc. $(T)$ rose 0.80% to $22.75, and T-Mobile US Inc. $(TMUS)$ rose 1.06% to $220.31.
Trading volume (2.5 M) eclipsed its 50-day average volume of 915,253.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 17:12 ET (22:12 GMT)
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