AT&T, Verizon, Frontier, and Lumen all get hammered after lead-cable reports.

AT&T’s stock price hit a 29-year low on Friday and continued to sink today as investors fled telecom stocks on reports that cleanups of lead-covered telephone cables could cost the industry tens of billions of dollars.

  • rm_dash_r_star@lemm.eeEnglish
    2·
    1 year ago

    I think stock values are mostly driven by speculation with a minority on a company’s actual performance and real world worth.