Crown Castle Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Crown Castle Inc. (CCI) slipped 1.79% to $134.22 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.16% to 3,991.05 and Dow Jones Industrial Average falling 0.26% to 33,045.09. This was the stock's second consecutive day of losses. Crown Castle Inc. closed $65.75 below its 52-week high ($199.97), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Verizon Communications Inc. (VZ) rose 0.20% to $39.28, AT&T Inc. (T) rose 0.88% to $19.38, and T-Mobile US Inc. (TMUS) rose 0.16% to $147.33. Trading volume (1.7 M) remained 320,914 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 22, 2023.
(END) Dow Jones Newswires
February 22, 2023 16:43 ET (21:43 GMT)
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