Crown Castle Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Crown Castle Inc. (CCI) slipped 1.85% to $123.75 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,948.72 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. This was the stock's third consecutive day of losses. Crown Castle Inc. closed $76.22 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 Thursday, as Verizon Communications Inc. (VZ) rose 0.16% to $37.37, AT&T Inc. (T) rose 0.38% to $18.46, and T-Mobile US Inc. (TMUS) fell 0.81% to $142.30. Trading volume (3.1 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 16:44 ET (20:44 GMT)
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