Crown Castle Inc. Stock Rises Thursday, Still Underperforms Market

First Republic Bank

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Financials : Banks | Small Cap Value

Company profile

First Republic Bank (the Bank) is a commercial bank and trust company. The Bank specializes in providing services, including private banking, private business banking, real estate lending and wealth management services, including trust and custody services, to clients in selected metropolitan areas in the United States. It operates through two segments: Commercial Banking and Wealth Management. The principal business activities of the Commercial Banking segment are gathering deposits, originating and servicing loans and investing in investment securities. The principal business activities of the Wealth Management segment include the investment management activities of First Republic Investment Management, Inc. (FRIM), which manages investments for individuals and institutions; money market mutual fund activities through third-party providers and the brokerage activities of First Republic Securities Company, LLC (FRSC) and its foreign exchange activities conducted on behalf of clients.

Crown Castle Inc. Stock Rises Thursday, Still Underperforms Market

4:43 pm ET March 2, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Crown Castle Inc. (CCI) inched 0.27% higher to $129.31 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.76% to 3,981.35 and the Dow Jones Industrial Average rising 1.05% to 33,003.57. The stock's rise snapped a two-day losing streak. Crown Castle Inc. closed $70.66 below its 52-week high ($199.97), which the company reached on April 21st.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Verizon Communications Inc. (VZ) rose 0.29% to $38.41, AT&T Inc. (T) remained unchanged, and T-Mobile US Inc. (TMUS) fell 0.10% to $141.15. 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 2, 2023.

(END) Dow Jones Newswires

March 02, 2023 16:43 ET (21:43 GMT)