American Tower REIT Stock Underperforms Wednesday When Compared To Competitors
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Shares of American Tower REIT (AMT) fell 2.77% to $173.87 on Wednesday, breaking a two-day winning streak. The stock is now 25.80% below its 52-week high of $234.33. In comparison, competitors Crown Castle Inc. (CCI) and SBA Communications Corp. (SBAC) also saw declines of 2.05% and 2.79%, respectively. The overall market showed mixed results, with the S&P 500 rising 0.58% and the Dow Jones falling 0.14%. Trading volume for AMT was 3.3 million, surpassing its 50-day average of 3.1 million.
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