Why American Tower Stock Jumped 8.6% Today
Shares of American Tower (NYSE:AMT) are standing tall today. As of 11:35 a.m. ET, the wireless infrastructure giant was up 8.6% on another company’s news.
Image source: Getty Images.
The catalyst here is Space Exploration Technologies (NASDAQ:SPCX) agreeing to spend $8 billion on a high-quality radio spectrum portfolio.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.