DJ American Tower REIT Stock Rises Friday, Still Underperforms Market
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Shares of American Tower REIT $(AMT)$ rose 1.52% to $210.93 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.13% to 5,638.94 and the Dow Jones Industrial Average rising 1.65% to 41,488.19.
This was the stock's second consecutive day of gains.
American Tower REIT closed 13.40% short of its 52-week high of $243.56, which the company reached on September 10th.
The stock underperformed when compared to some of its competitors Friday, as Crown Castle Inc. $(CCI)$ rose 10.37% to $103.22 and SBA Communications Corp. $(SBAC)$ rose 1.71% to $218.23.
Trading volume (3.8 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2025.
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(END) Dow Jones Newswires
March 14, 2025 16:38 ET (20:38 GMT)
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