DJ SBA Communications Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of SBA Communications Corp. $(SBAC)$ inched 0.06% higher to $203.32 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,906.94 and Dow Jones Industrial Average falling 0.97% to 42,573.73.
SBA Communications Corp. closed $52.58 short of its 52-week high ($255.90), which the company achieved on January 2nd.
The stock outperformed some of its competitors Monday, as Verizon Communications Inc. $(VZ)$ fell 0.80% to $39.60, AT&T Inc. $(T)$ fell 1.09% to $22.61, and T-Mobile US Inc. $(TMUS)$ fell 1.06% to $220.66.
Trading volume (656,282) remained 245,480 below its 50-day average volume of 901,762.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.
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(END) Dow Jones Newswires
December 30, 2024 17:11 ET (22:11 GMT)
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