AT&T (T) Stock Moves Amid Strategic DirecTV Sale and Positive Outlook
TAT&T(T) Gurufocus·2024-10-07 22:25

AT&T Inc (T, Financial) shares are currently priced at 21.87,reflectingamodestdeclineof0.2121.87, reflecting a modest decline of 0.21%. This minor movement in the stock price is a typical fluctuation within the broader context of AT&T's recent strategic decisions and market dynamics.AT&T's decision to divest its remaining 70% stake in DirecTV for approximately 7.6 billion is a pivotal move aimed at strengthening its balance sheet. The strategic sale is anticipated to close by the latter half of next year, supporting DirecTV's plan to acquir ...