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AT&T Shares on Track for Lowest Close Since 1993 as Telecom Shares Slip
Shares of AT&T fell about 5% on Monday, continuing a recent slide following a Wall Street Journal investigation into toxic lead cables left behind by telecom companies.
AT&T’s stock was about to close at its lowest price since March 1993. Other telecom stocks also extended losses on Monday.
Frontier Communications: -17%
Lumen technologies: -5.1%
Verizon Communications: -4.4%