Communication Services stocks: Verizon surge lifts Communication Services Select Sector SPDR Fund as Alphabet, Walt Disney earnings loom

T-Mobile shares climbed on Friday, maintaining their advance in after-hours trading. The boost came as wireless stocks gained momentum following Verizon’s earnings report and announcement of a fresh share buyback program. The stock last traded 4.2% higher at $197.21.

T-Mobile US, Inc. shares ended Friday’s session 0.3% higher at $186.03. The stock fluctuated between $184.06 and $186.92 as U.S. markets closed for the weekend, with trading scheduled to pick up again on Monday.

T-Mobile US shares climbed roughly 1% to $185.39 on Thursday. Following the market close, the company announced that its T-Mobile USA division will redeem $3 billion of 4.75% senior notes maturing in 2028, effective Feb. 1.

T-Mobile US, Inc. shares closed Wednesday at $183.60, slipping 0.03%. In after-hours trading, the stock showed minimal movement following the 4 p.m. ET close.

T-Mobile US, Inc. shares slipped about 0.7% to $184.97 by mid-afternoon Tuesday, after touching a new 52-week low of $184.04 earlier. The stock traded in a range from $184.04 to $186.82 on volume near 3.7 million shares.

T-Mobile US, Inc. shares dropped $4.38, or 2.3%, ending Friday at $186.32.

T-Mobile US shares dropped 2.28% on Friday, finishing at $186.32, marking a roughly 7% decline over the last five sessions. After hours, the stock slipped another 0.17% to around $186.

T-Mobile US Inc shares slipped 2.28% on Friday, ending the day at $186.32. The stock hit a session low of $185.18, brushing the bottom of its 52-week range amid a tough day for U.S. telecom stocks.

T-Mobile US shares climbed 0.7% to $190.94 on Wednesday, recovering slightly from earlier losses this week as investors digested a new debt deal and braced for upcoming telecom earnings. The SPDR S&P 500 ETF dropped roughly 0.9% during the same period, while Verizon rallied 1.7% and AT&T rose 1.3%.

T-Mobile US shares dropped 3.97% to $189.67 on Tuesday, marking a second day of declines and underperforming larger U.S. wireless competitors amid a broader market pullback. Verizon shares slipped 2.08%, while AT&T fell 1.85%. Meanwhile, T-Mobile’s trading volume climbed to roughly 7.6 million shares, well above its 50-day average of 5.0 million.

T-Mobile US shares rose 1.3% to close at $200.56 on Friday, following a prospectus supplement from its subsidiary, T-Mobile USA. The company outlined a $2 billion senior notes offering split into two parts: $1.15 billion of 5.000% notes maturing in 2036, and $850 million of 5.850% notes due 2056. Proceeds will primarily go toward refinancing existing debt or other general corporate needs. Delivery is expected around Jan. 12.