AT&T Inc. (NYSE:T) shares are trading lower by 2.03% to $17.85 Monday morning. The stock is potentially lower on downward momentum after the company last week reported mixed first-quarter financial results.
AT&T reported that its first-quarter (Q1) cash flow came in at $1 billion, down more than 60% from the previous year. The estimates were for AT&T’s cash flow to come in around $3 billion — a significant miss.
On top of the cash-flow concerns, AT&T’s mobile subscriber growth slowed down on a year-over-year basis…Read More
See Also: AT&T Analysts Reiterate Ratings Following Q1 Earnings Miss On Free Cash Flow
According to data from Benzinga Pro, T has a 52-week high of $21.53 and a 52-week low of $14.46.
