AT&T’s Stock Performance: Can It Rise from Here?
AT&T’s (T) closing price on December 7 was $30.14. It’s going through what’s probably its toughest phase since the 2008 financial crisis, and it’s down 22.5% year-to-date as its Wireless segment faces growth challenges and it grapples with its multibillion-dollar acquisition’s struggle to take off. The stock is trading 4.5% above its 52-week low of $28.85 and 23.4% below its 52-week high of $39.33.