Crown Castle Inc. Stock Falls Monday, Underperforms Market
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Shares of Crown Castle Inc. (CCI) slid 1.04% to $130.14 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.07% to 4,048.42 and the Dow Jones Industrial Average rising 0.12% to 33,431.44. The stock's fall snapped a two-day winning streak. Crown Castle Inc. closed $69.83 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 Monday, as Verizon Communications Inc. (VZ) fell 0.29% to $38.15, AT&T Inc. (T) fell 0.21% to $18.77, and T-Mobile US Inc. (TMUS) rose 1.28% to $143.72. Trading volume (1.6 M) remained 285,214 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2023.
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March 06, 2023 16:43 ET (21:43 GMT)
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