DJ SBA Communications Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of SBA Communications Corp. $(SBAC)$ slipped 1.73% to $225.68 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.03% to 6,000.36 and the Dow Jones Industrial Average rising 1.05% to 42,762.87.
This was the stock's second consecutive day of losses.
SBA Communications Corp. closed 10.67% below its 52-week high of $252.64, which the company achieved on October 16th.
The stock underperformed when compared to some of its competitors Friday, as Verizon Communications Inc. $(VZ)$ rose 1.15% to $43.80, AT&T Inc. $(T)$ rose 1.15% to $28.08, and T-Mobile US Inc. $(TMUS)$ rose 0.39% to $245.86.
Trading volume (482,445) remained 505,886 below its 50-day average volume of 988,331.
Data source: Dow Jones Market Data, FactSet. Data compiled June 6, 2025.
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June 06, 2025 17:03 ET (21:03 GMT)
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