DJ SBA Communications Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of SBA Communications Corp. $(SBAC)$ advanced 2.86% to $229.09 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.41% to 5,916.93 and the Dow Jones Industrial Average rising 0.65% to 42,322.75.
The stock's rise snapped a three-day losing streak.
SBA Communications Corp. closed 9.32% below its 52-week high of $252.64, which the company achieved on October 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Verizon Communications Inc. $(VZ)$ rose 2.67% to $43.48, AT&T Inc. $(T)$ rose 3.37% to $27.33, and T-Mobile US Inc. $(TMUS)$ rose 2.07% to $240.16.
Trading volume (929,792) remained 154,583 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2025.
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May 15, 2025 17:03 ET (21:03 GMT)
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