DJ SBA Communications Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of SBA Communications Corp. $(SBAC)$ slid 0.14% to $203.28 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.
SBA Communications Corp. closed $53.40 short of its 52-week high ($256.68), which the company reached on December 27th.
The stock underperformed when compared to some of its competitors Monday, as Verizon Communications Inc. $(VZ)$ rose 0.03% to $39.94, AT&T Inc. $(T)$ rose 0.40% to $22.84, and T-Mobile US Inc. $(TMUS)$ rose 0.61% to $221.66.
Trading volume (1.1 M) eclipsed its 50-day average volume of 951,291.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.
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December 23, 2024 17:11 ET (22:11 GMT)
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