Why AT&T and Verizon Stocks Tanked on Thursday
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What happened
The two leading U.S. telecom stocks, AT&T (NYSE: T) and Verizon (NYSE: VZ), came under significant pressure on Thursday. The source of this was a media article about the market entry of a potentially powerful new rival. This put enough fear in investors to drive
The two leading U.S. telecom stocks, AT&T (NYSE: T) and Verizon (NYSE: VZ), came under significant pressure on Thursday. The source of this was a media article about the market entry of a potentially powerful new rival. This put enough fear in investors to drive
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