Crown Castle Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Crown Castle Inc. (CCI) inched 0.31% higher to $133.38 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.14% to 3,719.98 and the Dow Jones Industrial Average rising 1.12% to 30,523.80. This was the stock's second consecutive day of gains. Crown Castle Inc. closed $76.49 below its 52-week high ($209.87), which the company achieved on December 31st.
The stock underperformed when compared to some of its competitors Tuesday, as America Movil S.A.B. de C.V. Series A rose 0.72% to $16.87, SBA Communications Corp. (SBAC) rose 2.02% to $258.26, and American Tower REIT (AMT) rose 2.46% to $197.22. Trading volume (3.2 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 2022.
(END) Dow Jones Newswires
October 18, 2022 16:43 ET (20:43 GMT)
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