Decline laps the dividends over and over. This is what you call a dog with fleas in market speak. It is over for ATT as they don't have the cash flow or growth to keep all the plates spinning. In 12 short years TMobile once the laughing stock in between the walls of ATT is beating ATT and their flacid executives love ke a drum.
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https://stocks.apple.com/
AT&T continues to struggle, down 9% so far this year, while T-Mobile continues to trade quite well, up 22.5% so far this year.
Think that’s bad? Look at this stat: AT&T shares are down 38.8% from the 52-week high, while T-Mobile stock is down just 3.3% from its all-time high.
AT&T stock is working on its third straight weekly decline and its eighth weekly decline in the last 10 weeks.
Once the $18 level gave way, that was the line in the sand that told bullish traders to change their tune and bail. Now below all of its key moving averages, AT&T stock is barreling toward its multi-year low of $16.62.
I don't ever remember T-Mobile being a laughing stock.
It has been pretty solid and provided good service even when it was VoiceStream.
Even when it was part of Western Wireless and then Omnipoint the service was considered good and company was solid......
They were growing like gangbusters when Randall wasted the 8 billion dollars trying to buy them. I would guess everyone at T-Mobile is very glad they did not get drawn into the Cingular heap.