Crown Castle Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Crown Castle Inc. (CCI) inched 0.35% higher to $141.50 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.22% to 4,090.46 and the Dow Jones Industrial Average rising 0.50% to 33,869.27. The stock's rise snapped a five-day losing streak. Crown Castle Inc. closed $58.47 below its 52-week high ($199.97), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Friday, as Verizon Communications Inc. (VZ) rose 0.50% to $40.01, AT&T Inc. (T) rose 0.53% to $19.07, and T-Mobile US Inc. (TMUS) rose 0.60% to $143.70. Trading volume (1.6 M) remained 519,209 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 10, 2023.
(END) Dow Jones Newswires
February 10, 2023 16:43 ET (21:43 GMT)
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