DJ SBA Communications Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of SBA Communications Corp. $(SBAC)$ advanced 2.05% to $243.40 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.15% to 5,569.06 and the Dow Jones Industrial Average rising 0.35% to 40,669.36.
This was the stock's third consecutive day of gains.
SBA Communications Corp. closed 3.66% below its 52-week high of $252.64, which the company reached on October 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Verizon Communications Inc. $(VZ)$ rose 2.58% to $44.06, AT&T Inc. $(T)$ rose 1.47% to $27.70, and T-Mobile US Inc. $(TMUS)$ rose 2.22% to $246.95.
Trading volume (1.2 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 30, 2025.
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April 30, 2025 17:01 ET (21:01 GMT)
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