American Tower stock gains 0.81% to EUR 171.68 premarket
Published on 11/12/2026 at 08:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCoreSite Supports American Tower Outlook
- American Tower owns and operates communications infrastructure for wireless and broadcast customers.
- Recent outlook increases have centered on stronger demand at CoreSite, the company's data-center business.
- Management kept its adjusted EBITDA midpoint unchanged in the latest update.
American Tower stock traded at EUR 171.68 on Lang & Schwarz at 08:31 CET on Thursday, November 12, 2026, 0.81 percent above the Xetra close of Wednesday, November 11, 2026 at EUR 170.30.
American Tower owns and operates communications infrastructure across wireless and broadcast markets. Mobile network operators and other customers use its towers, rooftop installations and related sites for antennas and equipment.
CoreSite Remains A Key Growth Driver
Recent company updates have kept attention on CoreSite, American Tower's data-center business. Stronger CoreSite demand supported further increases to the company's 2026 property-revenue and funds-from-operations outlook, while management kept its adjusted EBITDA midpoint unchanged.
The update leaves investors weighing stronger data-center momentum against softer conditions in the traditional tower market. The next focus is whether CoreSite growth can continue to offset pressure on the broader communications-infrastructure portfolio.
The broader US market remains a reference point for investors following S&P 500 developments.
