AT&T Stock Has Been Dead Money. Why It Might Have Finally Fallen Enough.

2 weeks ago 6
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Updated Oct. 8, 2021 7:13 americium ET / Original Oct. 7, 2021 1:09 p.m. ET

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Customers exit an AT&T store successful Emeryville, California, U.S., connected Tuesday, July 20, 2021.

David Paul Morris/Bloomberg

AT&T banal has severely underperformed the marketplace since the institution announced a large overhaul of its media and telecommunications portfolio—and for astir of the past fewer years, for that matter.

The banal is present undeniably cheap. Wall Street investors and analysts person mostly been supportive of plans to refocus connected AT&T’s wired and wireless telecom businesses. But there’s inactive skepticism astir the company’s aboriginal net power, and its debt-reduction and dividend outgo abilities.

Largely...


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