Technology

T-Mobile US Inc. stock underperforms Friday against peers

Posted: May 26, 2023 5:27 PM ET

Shares of T-Mobile US Inc. TMUS slid 0.45% to $135.15 on Friday in what turned out to be a generally favorable trading session for the stock market, the S&P 500 SPX Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average. DJIA up 1.00% to 33,093.34.

It was the fourth consecutive day of losses for the title.

T-Mobile US Inc. has closed…

Shares of T-Mobile US Inc. TMUS slid 0.45% to $135.15 on Friday in what turned out to be a generally favorable trading session for the stock market, the S&P 500 SPX Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average. DJIA up 1.00% to 33,093.34.

It was the fourth consecutive day of losses for the title.

T-Mobile US Inc. closed $19.23 below its 52-week high ($154.38), which the company hit on November 2.

The stock underperformed some of its peers on Friday, as Verizon Communications Inc. VZ rose 0.52% to $35.00 and AT&T Inc. T rose 2.31% to 15, $50.

Trading volume (8.8M) eclipsed its 50-day average volume of 5.6M.

Editor’s note: This story was automatically generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our Market Data Terms of Use.

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