AMT American Tower Corp.

$AMT gets pushed down because of a misguided view of physics and satellites, only to rise when $SPCX says the only way to compete in mobile is to build a terrestrial mobile network. Hilarious.

$AMT AMT is having a big day, near 181.70, up about 9.04 percent, and I can't find a company specific headline for it. What I can point to is the timing. Today SpaceX agreed to buy low band spectrum to push Starlink Mobile, and Reuters noted its plan includes ground radios and antennas on towers and rooftops. While AT&T, Verizon, and T-Mobile sold off, my read is that investors are betting a new network builder needs tower space. That's my interpretation, not something American Tower has said, and I haven't seen a statement from the company or SpaceX about leasing. It cuts both ways. The long running worry was satellites replacing towers, so a hybrid plan that uses them is a different message. I'd want to see actual leasing commentary before getting carried away. Follow me if you want more on the tower names.

$AMT Just look back at my history. 1 of em was a buy on 10/26/22 at 196.90. Now that was over a year into thd last hike cycle. Amzn + Googl were like $90. ( I still probly Swing this if I get any pop. But this trading at like Half the PE it used to get)

$AMT LMFAO. Tower stocks should be down 5-10% considering 90% of their U.S. revenues come from $VZ $TMUS $T Expect to see that materialize when the professionals start trading tomorrow.

$AMT I think this is a solid stock to own now but expect a decent drop and good buying opportunity around Sep 30 when the dividend drops.

$AMT American tower corporation announces election of kristen m. ludgate to board of directors and declares quarterly distribution