Crown Castle Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Crown Castle Inc. (CCI) inched 0.66% higher to $136.00 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. Crown Castle Inc. closed $73.87 below its 52-week high ($209.87), which the company achieved on December 31st.
The stock underperformed when compared to some of its competitors Tuesday, as America Movil S.A.B. de C.V. Series A rose 1.34% to $19.65, SBA Communications Corp. (SBAC) rose 1.99% to $295.18, and American Tower REIT (AMT) rose 1.95% to $219.58. Trading volume (2.1 M) remained 363,772 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2022.
(END) Dow Jones Newswires
November 15, 2022 16:43 ET (21:43 GMT)
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