Crown Castle Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Crown Castle Inc. (CCI) slipped 2.01% to $130.70 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.67% to 3,695.16 and Dow Jones Industrial Average falling 0.33% to 30,423.81. The stock's fall snapped a two-day winning streak. Crown Castle Inc. closed $79.17 short of its 52-week high ($209.87), which the company achieved on December 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as America Movil S.A.B. de C.V. Series A fell 1.60% to $16.60, SBA Communications Corp. (SBAC) fell 2.23% to $252.49, and American Tower REIT (AMT) fell 3.16% to $190.99. Trading volume (2.6 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 19, 2022.
(END) Dow Jones Newswires
October 19, 2022 16:43 ET (20:43 GMT)
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