Crown Castle Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Crown Castle Inc. (CCI) slipped 1.69% to $141.00 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.88% to 4,081.50 and Dow Jones Industrial Average falling 0.73% to 33,699.88. This was the stock's fifth consecutive day of losses. Crown Castle Inc. closed $58.97 short of its 52-week high ($199.97), which the company achieved on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Verizon Communications Inc. (VZ) fell 1.75% to $39.81, AT&T Inc. (T) fell 0.99% to $18.97, and T-Mobile US Inc. (TMUS) fell 0.67% to $142.85. Trading volume (1.4 M) remained 746,968 below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 9, 2023.
(END) Dow Jones Newswires
February 09, 2023 16:43 ET (21:43 GMT)
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