DJ Crown Castle Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Crown Castle Inc. $(CCI)$ inched 0.83% higher to $110.68 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.92% to 5,797.42 and Dow Jones Industrial Average falling 0.96% to 42,514.95.
The stock's rise snapped a two-day losing streak.
Crown Castle Inc. closed $10.24 below its 52-week high ($120.92), which the company reached on September 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Verizon Communications Inc. $(VZ)$ rose 3.28% to $42.86, AT&T Inc. $(T)$ rose 4.60% to $22.49, and T-Mobile US Inc. $(TMUS)$ rose 0.89% to $220.95.
Trading volume (3.8 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 23, 2024.
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(END) Dow Jones Newswires
October 23, 2024 16:53 ET (20:53 GMT)
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