Shares of American Tower REIT (AMT) experienced a decline of 1.21% on Tuesday, as the stock market endured a challenging trading session. The S&P 500 Index fell by 0.22% to 4,443.95, while the Dow Jones Industrial Average dropped by 0.31% to 34,517.73. This marks the third consecutive day of losses for American Tower REIT.

At the close of trading, American Tower REIT was $68.49 below its 52-week high of $245.85, which it had reached on September 20th. In comparison, its competitors, Crown Castle Inc. and SBA Communications Corp., also experienced declines on Tuesday, with Crown Castle Inc. falling by 0.57% to $96.97 and SBA Communications Corp. dropping by 0.75% to $213.48.

The trading volume for American Tower REIT was 1.6 million shares, which is 454,761 shares below its 50-day average volume of 2.1 million shares.

It is important to note that this article was auto-generated by Automated Insights, an automation technology provider, utilizing data from Dow Jones and FactSet.

Summary

American Tower REIT experienced a decline in shares amidst a rough trading session for the overall stock market. The stock’s performance was weaker than some of its competitors, and it closed below its 52-week high. This is the third consecutive day of losses for American Tower REIT. The information in this article was generated by Automated Insights using data from Dow Jones and FactSet.

Sources:
– Automated Insights (Generated article)
– Dow Jones
– FactSet