Wells Fargo Defends American Tower (AMT)
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American Tower (AMT) Responds to Muddy Waters with Financial Info
July 17, 2013 5:47 PM EDTAmerican Tower Corporation (NYSE: AMT) released information in response to a report published today, which contained inaccurate statements. While the Company disputes a number of statements in the report, the following information is being provided specifically in response to allegations with respect to the Company's acquisition of certain communications sites in Brazil... More
American Tower (AMT) Peers Lower on Short Attack (CCI) (SBAC)
July 17, 2013 10:04 AM EDTAmerican Tower (NYSE: AMT) peers Crown Castle (NYSE: CCI) and SBA Communications (NASDAQ: SBAC) are on watch following an negative report on AMT from noted short-selling research firm Muddy Waters.
Shares of CCI is down 1.6%, SBAC is down 1.8%. Meanwhile, AMT is down 3%.... More
Muddy Waters Starts American Tower (AMT) at Strong Sell
July 17, 2013 9:51 AM EDTMuddy Waters rates American Tower Corporation (NYSE: AMT) shares a Strong Sell. In this latest report Muddy Waters highlights how:
We rate American Tower Corp. (NYSE: AMT) a Strong Sell and value it at $44.57 per share, representing downside of 40%. AMT has serious challenges domestically and internationally that have not been factored into the stock price. It has engaged in a value destroying investment binge overseas, and we have... More
American Tower (AMT) Down on Negative Chatter
July 17, 2013 9:13 AM EDTRumors this morning suggest American Tower Corp (NYSE: AMT) is Muddy Waters short target. This is not confirmed and Muddy Waters is expected to release its report shortly.
Shares of AMT are down 2.6% and traders are noting heavy recent put option... More
