AT&T stock price slips to $27 as telecoms lag rally — what to watch before markets reopen

AT&T stock price slips to $27 as telecoms lag rally — what to watch before markets reopen

NEW YORK, Feb 8, 2026, 17:07 EST — The market is closed.

  • AT&T ended the session at $27.13, off 0.7%—trailing the broader U.S. rally.
  • AT&T has introduced the amiGO Jr. Phone and Watch 2, putting the focus on enhanced parental controls for children’s gadgets.
  • Next week, investors are eyeing the postponed U.S. jobs and inflation data—key figures that might shake up rate expectations.

AT&T Inc slipped 0.7% to end Friday at $27.13, missing out on the Wall Street rally that sent the Dow soaring past 50,000 for the first time.

With markets closed for the weekend, attention is swinging toward macro signals ahead of Monday’s session. After the Labor Department delayed a handful of major data releases because of the short-lived funding gap, traders are left reworking their rate bets on a tighter calendar.

Telecom names sat out Friday’s rally. Verizon dropped 1.7%, T-Mobile slipped 2.2%, while the S&P 500 moved up around 2%.

AT&T rolled out a couple of new kids’ devices, unveiling the amiGO Jr. Phone and the updated amiGO Jr. Watch 2, which uses Samsung hardware. Both connect to a free app for parents to control screen time, set app limits, and define “safe zones.” Prices kick off at $2.99 per month. “Putting customers at the center of our business means anticipating what comes next,” said Erin Scarborough, AT&T’s senior vice president of Revenue Management & Commercialization. AT&T Newsroom

High-dividend telecom stocks are still moving on Fed rate chatter. San Francisco Fed chief Mary Daly, speaking to Reuters, flagged a “precarious” labor market and suggested the possibility of one or two rate cuts in 2026. The Fed kept its key rate unchanged at 3.50%-3.75% last week. Reuters

Telecom stocks usually behave like income vehicles, with investors weighing their dividends versus Treasury yields. But a spike in yields? That calculation can shift fast.

Despite Friday’s pullback, AT&T shares have climbed roughly 3% since February began, thanks to a four-day rally earlier this week.

Still, that setup has its risks. Stronger inflation numbers or a hiring beat could send yields up again, putting the squeeze back on the group. Wireless price wars aren’t going away anytime soon, and AT&T doesn’t have much margin for error on execution.

Up next: January’s Employment Situation report drops Wednesday, Feb. 11, at 8:30 a.m. ET. Just two days later, the Bureau of Labor Statistics will release the January Consumer Price Index at the same time Friday, Feb. 13.

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech. Her coverage ranges from stocks and technology to emerging industries and developments across global markets. She studied economics and finance at the London School of Economics and worked in market research before becoming a financial journalist. Follow Khadija Saeed on Google News.

Stock Market Today 04.02.2026
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