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SBA Communications Corp. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of SBA Communications Corp. SBAC inched 0.05% higher to $326.87 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA rising 1.56% to 34,912.56. SBA Communications Corp. closed $42.69 below its 52-week high ($369.56), which the company reached on September 8th.

The stock underperformed when compared to some of its competitors Thursday, as American Tower REIT AMT rose 1.40% to $267.87, Crown Castle International Corp. CCI rose 0.92% to $171.28, and U.S. Cellular Corp. USM rose 0.42% to $31.40. Trading volume (611,690) eclipsed its 50-day average volume of 499,007.

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.