High-Yield Dividend Stock Crown Castle Deserved to Be Treated Like Royalty on Thursday
Crown Castle(CCI) The Motley Fool·2024-01-25 22:58Highly specialized real estate investment trust (REIT) Crown Castle (CCI 4.97%) was a highly sought-after stock Thursday. It closed 5% higher on the day thanks to a very solid set of quarterly earnings figures.As we all know, investors sometimes overreact to company news that is either sharply negative or highly positive. The post-earnings pop in this case, however, was an entirely appropriate reward.Crowning achievementsAfter market hours Wednesday, Crown Castle called in with its fourth-quarter numbers. A ...