Shares of American Tower REIT AMT, +0.27% inched 0.27% higher to $266.96 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.84% falling 0.84% to 4,538.43 and Dow Jones Industrial Average DJIA, -0.17% falling 0.17% to 34,580.08. This was the stock’s second consecutive day of gains. American Tower REIT closed $36.76 below its 52-week high ($303.72), which the company achieved on September 8th.
The stock outperformed some of its competitors Friday, as Crown Castle International Corp. CCI, -0.42% fell 0.42% to $184.86, Rogers Communications Inc. Cl B RCI.B, +0.12% rose 0.12% to $58.54, and SBA Communications Corp. SBAC, +0.19% rose 0.19% to $348.69. Trading volume (1.6 M) remained 59,691 below its 50-day average volume of 1.7 M.