AT&T stock price jumps as telecom peers rally after T-Mobile outlook

Verizon Communications Inc climbed roughly 1.3% to $46.92 on Monday, pulling ahead of its main U.S. telecom rivals after a board shakeup surfaced in a regulatory filing. AT&T slipped 0.4%, while T-Mobile US edged down 0.1%.

Verizon Communications Inc shares fell 1.7% on Friday to close at $46.31, underperforming a broad rally that lifted the Dow and S&P 500. The drop snapped a seven-session winning streak for the telecoms giant.

Verizon Communications Inc dropped 1.7% to $46.31 on Friday, ending a seven-session rally and retreating from the one-year peak it hit just the day before.

Verizon Communications Inc shares stayed near $47 on Thursday, barely budging after the company revealed that consumer chief Sowmyanarayan Sampath has stepped down. The stock last changed hands up just 0.1% at $47.10, with an intraday range of $46.46 to $47.56. An 8-K filing — which reports major developments to U.S. regulators — showed Sampath left his post on Feb. 4 but will remain an advisor to Verizon through March 27.

Verizon Communications Inc saw its shares tick up roughly 0.4% to $47.21 Thursday afternoon following news that Sowmyanarayan Sampath, head of its consumer division, is leaving the company.

Verizon Communications Inc shares climbed roughly 2.8% to $45.86 Tuesday, boosted by broker notes raising price targets following last week’s earnings and a cash-return plan.

Verizon Communications Inc shares ended Monday up 0.2%, holding steady in late after-hours trading following a report that the carrier is exploring possible replacements for consumer chief Sowmyanarayan Sampath. The stock last changed hands near $44.61.

Verizon’s stock dipped 0.6% to $44.25 in Monday’s premarket, following reports that the company is exploring candidates to replace its consumer business head. The shares closed at $44.52 on Friday.

Shares of Verizon Communications Inc slipped 0.7% to $44.22 in U.S. premarket trading Monday, following a Friday close of $44.52.