American Tower REIT Stock Falls Monday, Underperforms Market
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Shares of American Tower REIT (AMT) dropped 0.81% to $264.41 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. The stock's fall snapped a two-day winning streak. American Tower REIT closed $39.31 below its 52-week high ($303.72), which the company reached on September 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Crown Castle International Corp. (CCI) fell 2.08% to $190.67, Rogers Communications Inc. Cl B rose 0.29% to $61.78, and SBA Communications Corp. (SBAC) fell 1.53% to $342.58. Trading volume (2.1 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
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(END) Dow Jones Newswires
January 10, 2022 16:37 ET (21:37 GMT)
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