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Updated · MarketWatch · Apr 30AT&T stock underperforms rivals despite daily gain
9 articles · Updated · MarketWatch · Apr 30
- Shares rose 1.48% to $26.13 on Thursday, while the S&P 500 gained 1.02% and the Dow added 1.62%.
- AT&T still lagged peers including Netflix, up 1.62%, Disney, up 2.42%, and Comcast, up 1.05%, in a broadly positive market session.
- The stock finished 12.29% below its 52-week high of $29.79, reached on 15 September, indicating it remains below recent peak levels.
AT&T promises huge shareholder returns but its cash flow is dropping. Is it sacrificing long-term health for short-term stock appeal? With customer churn rising, can AT&T's massive fiber investment pay off before its subscriber base erodes?