NEW YORK, February 7, 2026, 06:19 EST — Market closed.
- AT&T slipped 0.7% to close at $27.13 on Friday, trailing the broader surge in U.S. stocks.
- AT&T wrapped up a five-tranche, $6.5 billion global notes sale on Feb. 5, according to a filing.
- Monday kicks off with investors eyeing postponed U.S. jobs and inflation reports, and a major update expected from T-Mobile.
AT&T (T.N) shares dropped on Friday, lagging behind a broad Wall Street rally. Investors weighed the telecom’s freshly announced $6.5 billion debt offering alongside its new family-focused product lineup.
Timing here is crucial. Telecom names, frequently treated like income stocks, tend to react to shifts in rates—they’re big borrowers, constantly needing funds for networks and spectrum.
U.S. markets are closed for the weekend, but focus is already turning to bond yields once trading picks up again Monday. Investors also face a packed slate of rescheduled U.S. data that could shake up expectations for Federal Reserve policy in the days ahead.
Shares of AT&T slipped 0.7% to $27.13 on Friday. The S&P 500 gained 1.97%, while the Dow jumped 2.47%, closing above 50,000 for the first time ever. Reuters
AT&T wrapped up the sale of five separate tranches of registered “global notes,” according to a Feb. 5 SEC filing. The bonds, which come due between 2031 and 2056, carry coupons ranging from 4.400% up to 6.000%. BofA Securities, Deutsche Bank Securities, Morgan Stanley, MUFG, TD Securities, and Wells Fargo Securities were part of the syndicate handling the deal. SEC
AT&T on Friday introduced its new amiGO Jr. Phone, developed in partnership with Samsung and bundled with a free parental-control app aimed at managing kids’ screen time and tracking their location. “Putting customers at the center of our business means anticipating what comes next,” said Erin Scarborough, a senior vice president at AT&T. ATT Newsroom
Verizon (VZ.N) dropped 1.7%, while T-Mobile (TMUS.O) slipped 2.2% by the end of Friday. Peers didn’t fare much better. MarketWatch
Washington could end up driving the bigger move in the short term, rather than Dallas. Thanks to a brief U.S. government shutdown that held up key numbers, the Bureau of Labor Statistics has now set the rescheduled January jobs report for Wednesday, and January CPI on Friday, both hitting at 8:30 a.m. ET. Reuters flagged the new timing earlier this week. Bureau of Labor Statistics
Chris Williamson, chief business economist at S&P Global Market Intelligence, said the postponed U.S. labor and inflation data could sway Fed policy bets, noting that CPI stands to be “more market moving” if there’s a notable change. SP Global
Eyes are turning to T-Mobile, with its Feb. 11 earnings and capital markets day on deck. Traders will be combing through those updates for hints on sector-wide promos and where demand’s heading. investor.t-mobile.com
But there’s a risk lurking. Should yields spike after the data, dividend-rich telecom stocks could fade fast, and each new debt sale just spotlights those funding costs again.
