DJ SBA Communications Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of SBA Communications Corp. $(SBAC)$ rose 1.41% to $213.00 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.71% to 6,013.13 and Dow Jones Industrial Average falling 1.69% to 43,428.02.
This was the stock's fourth consecutive day of gains.
SBA Communications Corp. closed 15.69% short of its 52-week high of $252.64, which the company reached on October 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Verizon Communications Inc. $(VZ)$ rose 0.64% to $42.76, AT&T Inc. $(T)$ rose 1.80% to $26.62, and T-Mobile US Inc. $(TMUS)$ fell 0.09% to $265.17.
Trading volume (1.1 M) eclipsed its 50-day average volume of 818,971.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2025.
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(END) Dow Jones Newswires
February 21, 2025 17:06 ET (22:06 GMT)
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