Crown Castle Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Crown Castle Inc. (CCI) advanced 1.49% to $128.31 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 31,839.11 and the S&P 500 Index falling 0.74% to 3,830.60. This was the stock's second consecutive day of gains. Crown Castle Inc. closed $81.56 short of its 52-week high ($209.87), which the company reached 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 rose 5.88% to $18.00, SBA Communications Corp. (SBAC) rose 0.85% to $258.78, and American Tower REIT (AMT) rose 0.71% to $196.92. Trading volume (3.4 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 26, 2022.
(END) Dow Jones Newswires
October 26, 2022 16:43 ET (20:43 GMT)
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