Recent market changes have affected American Tower Co. (NYSE:AMT)'s performance. Their Q3 results are expected to show the impact of slow leasing and the sale of their operations in India, disappointing some shareholders. Despite these setbacks, AMT is being highlighted for its role in the growth of the mobile data market and 5G space, suggesting future potential. Notably, it has made UBS' List of Stocks for the AI, Growth & Low Rates Era. AMT's position has fluctuated with Kentucky Retirement Systems, Impax Asset Management Group plc, Savvy Advisors Inc., Oppenheimer Asset Management Inc., and KBC Group NV adjusting their stakes. AMT has also planned its Q3 2024 Earnings release and conference call. Its AFFO beat estimates, but the stock edged lower due to the company's weaker outlook for 2024 amid challenges. A new investment from MQS Management LLC values at $1.29 million and American Tower (AMT) pins hopes on 5G revolution and global expansion despite recent volatility.
American Tower Corporation AMT News Analytics from Thu, 04 Jan 2024 08:00:00 GMT to Sat, 16 Nov 2024 14:05:43 GMT - Rating 6 - Innovation 5 - Information 8 - Rumor -3
