AT&T shares slide again as Starlink draws Wall Street attention
AT&T shares faced fresh selling early Friday, following two rough days as the market shifted from seeing satellite internet as a far-off issue to a clear risk for broadband growth. The stock last changed hands at $22.77. U.S. trading hadn’t opened yet at press time. Timing is key. Next week, SpaceX is set to take Starlink public, just as AT&T is working to keep investors on board with its fiber-led growth plan. Analysts are now starting to pitch low-Earth-orbit satellites as a real broadband rival, not only a solution for rural areas.