Crown Castle Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Crown Castle Inc. (CCI) slumped 0.16% to $129.84 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.96% to 3,806.80 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. The stock's fall snapped a two-day winning streak. Crown Castle Inc. closed $80.03 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 Monday, as America Movil S.A.B. de C.V. Series A fell 0.11% to $18.31, SBA Communications Corp. (SBAC) rose 1.77% to $277.14, and American Tower REIT (AMT) fell 0.93% to $202.02. Trading volume (2.5 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2022.
(END) Dow Jones Newswires
November 07, 2022 16:43 ET (21:43 GMT)
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