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Why Is American Tower Down in 2023 When Other REITs Are Up?

TheMotleyFool

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Why Is American Tower Down in 2023 When Other REITs Are Up?: https://g.foolcdn.com/editorial/images/723915/cell-tower-2022.jpg

Leading communications REIT American Tower (NYSE: AMT) has significantly underperformed both the real estate sector and the S&P 500 so far in 2023. In this video, Fool.com contributors Tyler Crowe and Matt Frankel, CFP®, discuss why the stock might be lagging behind its peers.

*Stock prices used were the midday prices of March 7, 2023. The video was published on March 8, 2023.

Source Fool.com

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