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Shares of Crown Castle Inc. (CCI) slipped 2.59% to $128.84 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.50% to 3,759.69 and Dow Jones Industrial Average falling 1.55% to 32,147.76. This was the stock's second consecutive day of losses. Crown Castle Inc. closed $81.03 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 fell 0.11% to $18.31, SBA Communications Corp. (SBAC) fell 2.69% to $268.35, and American Tower REIT (AMT) fell 1.29% to $205.19. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 16:43 ET (20:43 GMT)
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