Crown Castle Inc. Stock Rises Monday, Outperforms Market
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Shares of Crown Castle Inc. (CCI) rose 2.92% to $130.58 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.15% to 3,855.76 and Dow Jones Industrial Average falling 0.28% to 31,819.14. The stock's rise snapped a two-day losing streak. Crown Castle Inc. closed $69.39 short of its 52-week high ($199.97), which the company achieved on April 21st.
The stock outperformed some of its competitors Monday, as Verizon Communications Inc. (VZ) fell 0.38% to $36.54, AT&T Inc. (T) fell 0.71% to $18.30, and T-Mobile US Inc. (TMUS) rose 0.16% to $139.73. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
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March 13, 2023 16:44 ET (20:44 GMT)
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