The stock just seems to keep falling. Are investors not happy with the changes being made?
7 replies (most recent on top)
The price won't go up until they sell off fiber. If you listen to the last two earnings calls you'll hear why.
https://www.marketwatch.com/data-news/crown-castle-inc-stock-underperforms-monday-when-compared-to-competitors-despite-daily-gains-43dec365-ddbe0e3b10da
It gets expensive when Towers is constantly having to support Fiber. To make matters worse half the fiber "pros" are now on the tower side driving the business so far down it will be years to recover.
I'm just so happy that I was able to meet Jay Brown and have him breed my wife and raise my children as his own, breastfeeding and whatnot. What a beautiful man.
It’s down bc we aren’t growing the dividend and won’t be growing network. The whole focus on ROI is just bs for saying we aren’t spending any money bc we don’t have it and just want to sell this dump.
As soon as they sell the Fiber Segment there will be a bump. The entire industry is down big. Crown just a lot more.
Nope. Crown's stock had been downgraded which doesn't help with the price going up. DS blames it on the interest rates, but the stock still dropping is due to the poor outlook of growth of the company. They downsized and cut contracts. That's the opposite of what investors want to see. Job cuts, whatever... Closing contracts and loss of overall revenue, not that lowers stock.