Updated
Updated · MarketWatch · Apr 30
American Tower REIT stock rises but trails competitors
Updated
Updated · MarketWatch · Apr 30

American Tower REIT stock rises but trails competitors

8 articles · Updated · MarketWatch · Apr 30
  • Shares gained 2.54% to $182.71 on Thursday, while the S&P 500 rose 1.02% and the Dow added 1.62%.
  • American Tower lagged Crown Castle, up 3.39% to $88.78, but edged SBA Communications, which rose 2.42% to $221.20.
  • The stock remains 22.03% below its 52-week high of $234.33 reached on 24 July, and trading volume of 3.0 million was below its 50-day average.
American Tower's earnings are soaring, so why is its stock underperforming?
As its rival shrinks, is American Tower's diversification into data centers a mistake?
Could a skilled labor shortage derail the 5G rollout fueling tower growth?