DJ T-Mobile US Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of T-Mobile US Inc. (TMUS) shed 2.97% to $196.68 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.29% to 5,618.26 and Dow Jones Industrial Average falling 0.25% to 41,503.10.
This was the stock's second consecutive day of losses.
T-Mobile US Inc. closed $9.63 short of its 52-week high ($206.31), which the company reached on September 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Verizon Communications Inc. $(VZ)$ fell 0.45% to $43.88 and AT&T Inc. $(T)$ fell 0.23% to $21.73.
Trading volume (7.3 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 18, 2024.
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(END) Dow Jones Newswires
September 18, 2024 16:35 ET (20:35 GMT)
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