SBA Communications shares are trading lower following worse-than-expected Q1 results.
Portfolio Pulse from Benzinga Newsdesk
SBA Communications shares are trading lower due to worse-than-expected Q1 results.
April 30, 2024 | 3:13 pm
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SBA Communications shares are trading lower following worse-than-expected Q1 results.
Shares of SBA Communications are trading lower as the company's Q1 results did not meet market expectations. This negative earnings surprise typically leads to a decrease in stock price in the short term as investors adjust their expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100