American Tower (AMT) Suffers a Larger Drop Than the General Market: Key Insights

In the latest trading session, American Tower (AMT) closed at $188.42, marking a -1.75% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 1.37% for the day. On the other hand, the Dow registered a loss of 1.35%, and the technology-centric Nasdaq decreased by 1.8%.Shares of the wireless communications infrastructure company have depreciated by 8.43% over the course of the past month, underperforming the Finance sector's gain of 2.82% and the S&P 500's gain of 5.1%.Ma ...