Crown Castle (CCI) Stock Soars 16% After Its Earnings Report

Shares of Crown Castle Inc. (CCI) rose 15.6% to $79.64 in the session of Friday, October 9, on volume of 14.39M shares.

The move came as Barchart reported: Earnings Preview: What To Expect From Crown Castle's Report.

Other coverage:

• Why Crown Castle Stock Soared Today (Motley Fool)
• Crown Castle Soars 13% as SpaceX’s $8 Billion Spectrum Buy Keeps Tower Build Option “Very Much Alive” (TIKR)
• SpaceX, AT&T, Crown Castle, Delta, Humana, and More Stocks That Explain Today’s Market (Barrons.com)

What the GTA data shows

• Options: 9,071 calls vs. 3,450 puts traded (put/call 0.38), with $2.9M in call premium and $538K in puts; 2 contracts traded above their open interest.
• Insiders (90 days): $0 bought and $114K sold in SEC Form 4 filings.
• Market value: about $33.9B · Real Estate.

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Written by the GTA Research Desk from GTA Terminal data. Not investment advice.