DJ SBA Communications Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of SBA Communications Corp. $(SBAC)$ shed 1.42% to $198.93 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,975.38 and the Dow Jones Industrial Average falling 0.06% to 42,706.56.
SBA Communications Corp. closed $53.71 short of its 52-week high ($252.64), which the company reached on October 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Verizon Communications Inc. $(VZ)$ fell 1.61% to $39.61, AT&T Inc. $(T)$ fell 0.31% to $22.60, and T-Mobile US Inc. $(TMUS)$ fell 3.07% to $212.38.
Trading volume (811,165) remained 88,230 below its 50-day average volume of 899,395.
Data source: Dow Jones Market Data, FactSet. Data compiled January 6, 2025.
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January 06, 2025 17:12 ET (22:12 GMT)
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