Crown Castle Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Crown Castle Inc. (CCI) sank 0.24% to $128.00 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.61% to 32,033.28 and the S&P 500 Index falling 0.61% to 3,807.30. The stock's fall snapped a two-day winning streak. Crown Castle Inc. closed $81.87 short of its 52-week high ($209.87), which the company achieved on December 31st.
The stock underperformed when compared to some of its competitors Thursday, as America Movil S.A.B. de C.V. Series A rose 1.83% to $18.33, SBA Communications Corp. (SBAC) rose 0.56% to $260.24, and American Tower REIT (AMT) rose 0.89% to $198.68. Trading volume (3.1 M) eclipsed its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2022.
(END) Dow Jones Newswires
October 27, 2022 16:43 ET (20:43 GMT)
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