Why American Tower Stock Rose Today

Shares of American Tower (AMT 6.60%) looked down on Wall Street from a lofty position on Tuesday. The owner and operator of wireless networking and broadcast infrastructure posted stellar fourth-quarter results in the early morning. The stock soared as much as 7.5% higher in the morning session, settling down to a 6.2% gain by 1:15 p.m. ET.American Tower's Q4 by the numbersAmerican Tower's fourth-quarter revenue rose 3.7% year over year to $2.55 million. The analyst community's average estimate stopped at$ ...