Crown Castle Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of Crown Castle Inc. (CCI) slipped 1.68% to $127.86 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.85% to 3,918.32 and Dow Jones Industrial Average falling 1.66% to 32,254.86. Crown Castle Inc. closed $72.11 short of 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) fell 2.61% to $36.55, AT&T Inc. (T) fell 1.56% to $18.32, and T-Mobile US Inc. (TMUS) fell 1.46% to $141.09. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2023.
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March 09, 2023 16:43 ET (21:43 GMT)
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