DJ SBA Communications Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of SBA Communications Corp. $(SBAC)$ rose 1.14% to $194.96 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,836.22 and the Dow Jones Industrial Average rising 0.86% to 42,297.12.
SBA Communications Corp. closed $57.68 short of its 52-week high ($252.64), which the company achieved on October 16th.
The stock outperformed some of its competitors Monday, as Verizon Communications Inc. $(VZ)$ rose 0.82% to $38.12, AT&T Inc. $(T)$ fell 0.60% to $21.56, and T-Mobile US Inc. $(TMUS)$ rose 1.02% to $213.46.
Trading volume (845,818) remained 65,685 below its 50-day average volume of 911,503.
Data source: Dow Jones Market Data, FactSet. Data compiled January 13, 2025.
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January 13, 2025 17:11 ET (22:11 GMT)
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