Mon. Oct 2nd, 2023
    Shares of American Tower REIT Rise on Favorable Trading Session

    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.

    This article was automatically generated by Automated Insights, utilizing data from Dow Jones and FactSet. For more details on market data terms of use, please refer to the sources below.

    Sources:
    – Dow Jones
    – FactSet