DJ SBA Communications Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of SBA Communications Corp. $(SBAC)$ slid 4.18% to $229.67 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 3.26% to 5,844.19 and the Dow Jones Industrial Average rising 2.81% to 42,410.10.
SBA Communications Corp. closed 9.09% below its 52-week high of $252.64, which the company reached on October 16th.
The stock underperformed when compared to some of its competitors Monday, as Verizon Communications Inc. $(VZ)$ fell 1.40% to $43.00, AT&T Inc. $(T)$ fell 2.98% to $27.01, and T-Mobile US Inc. $(TMUS)$ fell 1.43% to $240.32.
Trading volume (1.1 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2025.
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(END) Dow Jones Newswires
May 12, 2025 17:01 ET (21:01 GMT)
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