AT&T Shares Rebound as SpaceX Threat Stays Front and Center
AT&T Inc shares picked up 1.1% to $23.02 late Friday, recovering a bit after a tough week that saw a selloff as the company’s cash-return case faces a new test with SpaceX’s Starlink entering the picture. Verizon moved up 2.6%, and T-Mobile US gained 2.2%. The SPDR S&P 500 ETF, which tracks the broader market, dropped 2.4%.
