DJ SBA Communications Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of SBA Communications Corp. $(SBAC)$ slipped 1.09% to $228.27 Thursday, on what proved to be an all-around grim trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 41,859.09 and the S&P 500 Index falling 0.04% to 5,842.01.
This was the stock's third consecutive day of losses.
SBA Communications Corp. closed 9.65% short of its 52-week high of $252.64, which the company reached on October 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Verizon Communications Inc. $(VZ)$ fell 1.42% to $43.13, AT&T Inc. $(T)$ fell 0.87% to $27.23, and T-Mobile US Inc. $(TMUS)$ rose 0.02% to $240.82.
Trading volume (705,126) remained 332,679 below its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2025.
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May 22, 2025 17:01 ET (21:01 GMT)
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