DJ American Tower REIT Stock Rises Wednesday, Still Underperforms Market
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Shares of American Tower REIT $(AMT)$ rose 1.38% to $207.48 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 9.52% to 5,456.90 and the Dow Jones Industrial Average rising 7.87% to 40,608.45.
The stock's rise snapped a three-day losing streak.
American Tower REIT closed 14.81% short of its 52-week high of $243.56, which the company achieved on September 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Crown Castle Inc. $(CCI)$ rose 0.75% to $95.54 and SBA Communications Corp. $(SBAC)$ rose 1.71% to $212.14.
Trading volume (5.6 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2025.
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(END) Dow Jones Newswires
April 09, 2025 16:38 ET (20:38 GMT)
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