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Why American Tower Fell by 11.4% in February

TheMotleyFool

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Why American Tower Fell by 11.4% in February: https://g.foolcdn.com/editorial/images/723461/communications-tower.jpg

Shares of American Tower (NYSE: AMT) fell by 11.4% in February, according to data from S&P Global Market Intelligence.

As a result of this drop, the REIT, which owns almost 225,000 communication towers within its portfolio, saw its share price decline by 7.8% year to date.

Image source: Getty images.

Source Fool.com

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