TELUS Corp stock advances 2.15%

2 articles · Updated · MarketWatch · May 6

The shares closed at C$17.55 on Wednesday as 13.6 million shares changed hands, far above the 50-day average of 7.1 million.
TELUS outperformed a broadly stronger Canadian market, with the S&P/TSX Composite Index rising 1.24% to 33,981.82 in a positive trading session.
Despite the gain, the stock remains 24.3% below its 52-week high of C$23.18 reached on 22 August.

Amid new regulations and a fierce price war, is TELUS's recent stock surge sustainable before its upcoming earnings report?

As a new CEO takes over, will TELUS sacrifice its high-yield dividend for its costly AI transformation and debt reduction?