This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of SBA Communications Corp. rallied 7.3% to $182.49 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,811.54 and the Dow Jones Industrial Average rising 0.8% to 51,654.95.
SBA Communications Corp. closed 18.7% below its 52-week high of $224.46, which the company reached on April 20th.
The stock outperformed some of its peers, as Verizon Communications Inc. fell 8.7% to $41.65, AT&T Inc. fell 9.8% to $22.18, and T-Mobile US Inc. fell 13.27% to $148.58.
Trading volume totaled 2.4 million, compared to the 50-day average of 983,805.
Data source: Dow Jones Market Data, FactSet