DJ American Tower REIT Stock Outperforms Competitors On Strong Trading Day
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Shares of American Tower REIT $(AMT)$ rallied 1.91% to $214.04 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.33% to 5,693.31 and Dow Jones Industrial Average falling 0.37% to 42,299.70.
This was the stock's second consecutive day of gains.
American Tower REIT closed 12.12% short of its 52-week high of $243.56, which the company reached on September 10th.
The stock outperformed some of its competitors Thursday, as Crown Castle Inc. $(CCI)$ rose 1.48% to $102.59 and SBA Communications Corp. $(SBAC)$ rose 0.78% to $216.38.
Trading volume (2.5 M) remained 94,033 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2025.
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(END) Dow Jones Newswires
March 27, 2025 16:39 ET (20:39 GMT)
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