DJ American Tower REIT Stock Underperforms Monday When Compared To Competitors
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Shares of American Tower REIT $(AMT)$ slid 3.08% to $213.39 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.23% to 5,062.25 and Dow Jones Industrial Average falling 0.91% to 37,965.60.
This was the stock's second consecutive day of losses.
American Tower REIT closed 12.39% short of its 52-week high of $243.56, which the company reached on September 10th.
The stock underperformed when compared to some of its competitors Monday, as Crown Castle Inc. $(CCI)$ fell 2.74% to $98.21 and SBA Communications Corp. $(SBAC)$ fell 2.49% to $214.43.
Trading volume (5.1 M) eclipsed its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 7, 2025.
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(END) Dow Jones Newswires
April 07, 2025 16:37 ET (20:37 GMT)
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