American Tower REIT stock rises Wednesday, outperforms market

Shares of American Tower REIT AMT, +0.96% inched 0.96% higher to $190.93 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.27% rising 0.27% to 33,665.02 and the S&P 500 Index SPX, -0.38% falling 0.38% to 4,267.52.

This was the stock's second consecutive day of gains.

American Tower REIT closed $91.54 below its 52-week high ($282.47), which the company achieved on August 15th.

The stock underperformed when compared to some of its competitors Wednesday, as Crown Castle Inc. CCI, +1.70% rose 1.70% to $114.91 and SBA Communications Corp. SBAC, +1.71% rose 1.71% to $227.72.

Trading volume (1.8 M) remained 159,478 below its 50-day average volume of 2.0 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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