DJ SBA Communications Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of SBA Communications Corp. $(SBAC)$ inched 0.43% higher to $218.47 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.60% to 5,949.17 and Dow Jones Industrial Average falling 0.47% to 43,750.86.
This was the stock's fourth consecutive day of losses.
SBA Communications Corp. closed $40.29 short of its 52-week high ($258.76), which the company achieved on December 14th.
The stock outperformed some of its competitors Thursday, as Verizon Communications Inc. $(VZ)$ fell 0.66% to $40.87, AT&T Inc. $(T)$ fell 0.22% to $22.25, and T-Mobile US Inc. $(TMUS)$ fell 1.30% to $237.75.
Trading volume (996,470) eclipsed its 50-day average volume of 909,521.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2024.
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(END) Dow Jones Newswires
November 14, 2024 17:07 ET (22:07 GMT)
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