American Tower Corp (NYSE:AMT)
December 7th, 2018
Amidst falling markets American Tower Corp finished Friday’s trading session down 0.72%, a $1.20 decrease to close on $166.43. Despite the drop in price it hit a new 52 week high of $168.58.
AMT outperformed the rest of the Real Estate sector which went down just 1.44% today.
American Tower Corp is listed on the S&P 500 index, and was one of 447 stocks that fell today. Weighted by market cap, AMT represents about 0.27% of the S&P 500.
Results from 19 analysts indicates that American Tower Corp might rise somewhat (0.03%), while Finbox has calculated (with low uncertainty) a fair value price of $161.47.
The market sectors were mixed Friday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.40%), while Information Technology saw the biggest drop (3.53%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector declining 12%.
Utilities saw the biggest turnaround from its 5-day performance of 2.33%, as it went up 0.40%. Real Estate saw a turn around from its 5-day performance of 2.84% trading down 1.44%.
- Utilities went up with a 0.40% change.
- Energy went down with a -0.65% change.
- Consumer Staples went down with a -1.29% change.
- Real Estate went down with a -1.44% change.
- Financials went down with a -1.84% change.
- Communication Services went down with a -2.09% change.
- Healthcare went down with a -2.52% change.
- Materials went down with a -2.53% change.
- Industrials went down with a -2.62% change.
- Consumer Discretionary went down with a -3.08% change.
- Information Technology went down with a -3.53% change.
American Tower Corporation is based in Boston. American Tower Corporation was founded in 1995.
American Tower Corp Info
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 170,000 communications sites.
All amounts in USD unless otherwise indicated
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