Shares of SBA Communications Corp. SBAC,
inched 0.16% higher to $ 355.96 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX,
falling 0.02% to 4,391.69 and Dow Jones Industrial Average DJIA,
falling 0.11% to 34,411.69. This was the stock’s third consecutive day of gains. SBA Communications Corp. closed $ 35.19 below its 52-week high ($ 391.15), which the company achieved on December 31st.
The stock outperformed some of its competitors Monday, as American Tower REIT AMT,
fell 0.64% to $ 253.91, Crown Castle International Corp. CCI,
fell 0.90% to $ 190.95, and US Cellular Corp. USM,
fell 0.96% to $ 32.00. Trading volume (566,734) remained 124,648 below its 50-day average volume of 691,382.