Crown Castle Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Crown Castle Inc. (CCI) shed 1.33% to $129.49 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,002.87 and the Dow Jones Industrial Average rising 0.98% to 32,560.60. Crown Castle Inc. closed $70.48 short of its 52-week high ($199.97), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Verizon Communications Inc. (VZ) rose 0.83% to $37.74, AT&T Inc. (T) rose 0.27% to $18.54, and T-Mobile US Inc. (TMUS) fell 0.65% to $144.67. Trading volume (1.9 M) remained 126,272 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2023.
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March 21, 2023 16:43 ET (20:43 GMT)
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