Crown Castle Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Crown Castle Inc. (CCI) advanced 1.31% to $140.47 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. This was the stock's second consecutive day of gains. Crown Castle Inc. closed $69.40 below 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 Friday, as America Movil S.A.B. de C.V. Series A rose 6.77% to $19.55, SBA Communications Corp. (SBAC) rose 0.37% to $297.98, and American Tower REIT (AMT) rose 1.07% to $223.26. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.
(END) Dow Jones Newswires
November 11, 2022 16:43 ET (21:43 GMT)
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