DJ SBA Communications Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of SBA Communications Corp. $(SBAC)$ shed 1.53% to $225.55 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.36% to 5,158.20 and Dow Jones Industrial Average falling 2.48% to 38,170.41.
The stock's fall snapped a seven-day winning streak.
SBA Communications Corp. closed 10.72% short of its 52-week high of $252.64, which the company reached on October 16th.
Despite its losses, the stock outperformed some of its competitors Monday, as Verizon Communications Inc. $(VZ)$ fell 2.52% to $42.93, AT&T Inc. $(T)$ fell 3.02% to $26.33, and T-Mobile US Inc. $(TMUS)$ fell 3.27% to $253.48.
Trading volume (977,767) remained 14,875 below its 50-day average volume of 992,642.
Data source: Dow Jones Market Data, FactSet. Data compiled April 21, 2025.
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(END) Dow Jones Newswires
April 21, 2025 17:01 ET (21:01 GMT)
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