Shares of American Tower REIT (AMT) saw a 0.43% increase, closing at $182.28 on Wednesday. The stock experienced gains for the fourth consecutive day, benefiting from a positive trading session in the overall stock market. The S&P 500 Index rose 0.38% to 4,514.87, while the Dow Jones Industrial Average increased by 0.11% to 34,890.24.
American Tower REIT fell short of its 52-week high, which was reached on September 12th at $265.56. Nonetheless, the stock performed better than some of its competitors on Wednesday. Crown Castle Inc. (CCI) rose 0.22% to $100.82, while SBA Communications Corp. (SBAC) fell 0.18% to $227.12.
The trading volume for American Tower REIT was 1.9 million shares, which was 325,740 below its 50-day average volume of 2.2 million shares.
– Dow Jones