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Barchart
Barchart
Neha Panjwani

Is Crown Castle Stock Underperforming the Nasdaq?

Crown Castle Inc. (CCI), headquartered in Houston, Texas, owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. Valued at $39.7 billion by market cap, the company manages and offers wireless communication coverage and infrastructure sites in the U.S. and Australia.

Companies worth $10 billion or more are generally described as “large-cap stocks,” and CCI perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the REIT - specialty industry. 

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