DJ American Tower REIT Stock Underperforms Monday When Compared To Competitors
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Shares of American Tower REIT $(AMT)$ shed 5.48% to $207.92 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.
American Tower REIT closed 14.63% short of its 52-week high of $243.56, which the company reached on September 10th.
The stock underperformed when compared to some of its competitors Monday, as Crown Castle Inc. $(CCI)$ fell 4.30% to $100.48 and SBA Communications Corp. $(SBAC)$ fell 4.18% to $229.67.
Trading volume (4.1 M) eclipsed its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2025.
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(END) Dow Jones Newswires
May 12, 2025 16:37 ET (20:37 GMT)
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