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Why AT&T Stock Jumped Monday


Shares of AT&T (NYSE: T) jumped on Monday, rising 4.1% as of 1:05 p.m. EDT.

The stock's gain followed AT&T's third-quarter earnings report. But the rise is likely more a result of management's new three-year outlook, announced alongside its earnings report, than the quarterly financial results themselves.

Image source: Getty Images.

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Source Fool.com

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