Shares closed at $195.50 on Thursday, lagging a broader market rally as the S&P 500 rose 1.02% and the Dow gained 1.62%.
The decline ended a two-day winning streak and left the stock 25.26% below its 52-week high of $261.56 reached on 20 August.
T-Mobile underperformed rivals including Verizon, up 3.05%, and AT&T, up 1.48%, while trading volume of 5.0 million stayed below its 50-day average of 6.1 million.
With strong earnings but a falling stock, is T-Mobile’s growth story finally losing its signal with investors?
As T-Mobile cuts customer perks and staff, is its famous 'Un-carrier' brand advantage becoming a liability?
Will T-Mobile's big bets on AI and fiber pay off before merger costs overwhelm its ambitious growth plans?