DJ SBA Communications Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of SBA Communications Corp. $(SBAC)$ rallied 1.06% to $223.92 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.38% to 5,995.54 and the Dow Jones Industrial Average rising 0.59% to 43,988.99.
This was the stock's second consecutive day of gains.
SBA Communications Corp. closed $34.84 below its 52-week high ($258.76), which the company reached on December 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Verizon Communications Inc. $(VZ)$ fell 0.22% to $40.48, AT&T Inc. $(T)$ rose 1.36% to $22.34, and T-Mobile US Inc. $(TMUS)$ rose 1.65% to $235.31.
Trading volume (1.3 M) eclipsed its 50-day average volume of 889,963.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2024.
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(END) Dow Jones Newswires
November 08, 2024 17:06 ET (22:06 GMT)
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