AT&T stock price pops as Verizon buyback sparks telecom rally — what to watch next
AT&T shares rose 4.3% to $26.21 Friday, while Verizon jumped 11.83% after posting its strongest wireless subscriber gains in six years and announcing a $25 billion buyback. Trading in AT&T hit 78.2 million shares. The S&P 500 fell 0.43%. Investors await Monday’s open and the U.S. jobs report on February 6.