SBA Communications Corp. Stock Outperforms Competitors Despite Losses On The Day

Dow Jones
2024-12-12

DJ SBA Communications Corp. Stock Outperforms Competitors Despite Losses On The Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of SBA Communications Corp. $(SBAC)$ slipped 0.54% to $216.21 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.

This was the stock's second consecutive day of losses.

SBA Communications Corp. closed $42.55 below its 52-week high ($258.76), which the company reached on December 14th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Verizon Communications Inc. $(VZ)$ fell 0.73% to $41.99, AT&T Inc. $(T)$ fell 0.13% to $23.48, and T-Mobile US Inc. $(TMUS)$ rose 0.36% to $234.34.

Trading volume (899,267) eclipsed its 50-day average volume of 889,704.

Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

December 11, 2024 17:06 ET (22:06 GMT)

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