Crown Castle Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Crown Castle Inc. (CCI) shed 2.86% to $136.66 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.00% to 3,997.34 and Dow Jones Industrial Average falling 2.06% to 33,129.59. Crown Castle Inc. closed $63.31 short of its 52-week high ($199.97), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Verizon Communications Inc. (VZ) fell 2.54% to $39.20, AT&T Inc. (T) fell 1.18% to $19.21, and T-Mobile US Inc. (TMUS) fell 1.51% to $147.09. Trading volume (1.6 M) remained 413,705 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2023.
(END) Dow Jones Newswires
February 21, 2023 16:44 ET (21:44 GMT)
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