Crown Castle Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Crown Castle Inc. (CCI) inched 0.17% higher to $141.74 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.14% to 4,137.29 and the Dow Jones Industrial Average rising 1.11% to 34,245.93. This was the stock's second consecutive day of gains. Crown Castle Inc. closed $58.23 below its 52-week high ($199.97), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Monday, as Verizon Communications Inc. (VZ) rose 0.77% to $40.32, AT&T Inc. (T) rose 1.00% to $19.26, and T-Mobile US Inc. (TMUS) rose 2.00% to $146.58. Trading volume (1.6 M) remained 540,429 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 13, 2023.
(END) Dow Jones Newswires
February 13, 2023 16:43 ET (21:43 GMT)
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