How to Play Crown Castle Stock Following 15.8% Decline in 3 Months?
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Crown Castle Inc. (CCI) has seen a 15.8% decline in its stock over the past three months. TPG is reportedly in advanced talks to purchase Crown Castle's fiber unit for approximately $8 billion.
January 29, 2025 | 4:45 pm
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Crown Castle Inc. has experienced a significant stock decline of 15.8% over the past three months. The company is in advanced discussions with TPG to sell its fiber unit for $8 billion.
The potential sale of the fiber unit could provide Crown Castle with significant capital, potentially stabilizing or boosting its stock price after a recent decline. The news is highly relevant and important to investors as it involves a major asset sale.
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