Why AT&T Stock Was Slipping Today
Shares of AT&T (NYSE: T) were pulling back today on a down day in the market and after MoffettNathanson downgraded the stock this morning.
AT&T shares were down 4.1% as of 2:19 p.m. ET.
Research firm MoffettNathanson lowered its rating on AT&T from market perform to underperform this morning for mostly valuation-based reasons.
Source Fool.com