DJ American Tower REIT Stock Outperforms Competitors Despite Losses On The Day
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Shares of American Tower REIT $(AMT)$ shed 1.48% to $200.73 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.01% to 5,956.06 and the Dow Jones Industrial Average falling 0.43% to 43,433.12.
The stock's fall snapped a two-day winning streak.
American Tower REIT closed 17.58% short of its 52-week high of $243.56, which the company reached on September 10th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Crown Castle Inc. $(CCI)$ fell 1.82% to $91.63 and SBA Communications Corp. $(SBAC)$ fell 1.68% to $215.49.
Trading volume (2.5 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 26, 2025.
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(END) Dow Jones Newswires
February 26, 2025 16:40 ET (21:40 GMT)
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