Crown Castle Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Crown Castle Inc. (CCI) slipped 1.37% to $128.96 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 32,661.84 and the S&P 500 Index falling 0.47% to 3,951.39. This was the stock's second consecutive day of losses. Crown Castle Inc. closed $71.01 below its 52-week high ($199.97), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Verizon Communications Inc. (VZ) fell 1.31% to $38.30, AT&T Inc. (T) fell 1.32% to $18.66, and T-Mobile US Inc. (TMUS) fell 0.63% to $141.29. Trading volume (2.0 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 1, 2023.
(END) Dow Jones Newswires
March 01, 2023 16:43 ET (21:43 GMT)
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