News Highlights: The T-Mobile US Inc. falls Wednesday and underperforms the market
The shares of T-Mobile US Inc. TMUS, -0.57% fell 0.57% to $ 121.30 on Wednesday, on what turned out to be an all-round mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, up + 0.29% by 0.10 29% to 31,613.02 and the S&P 500 Index SPX, down -0.03% by 0.03% to 3,931.33. This was the stock’s fourth consecutive day of losses. T-Mobile US Inc. closed down $ 14.24 from its 52-week high ($ 135.54), which the company hit on Jan. 11.
The stock showed a mixed performance against some of its competitors on Wednesday, such as Verizon Communications Inc. VZ, + 5.24%, up 5.24% to $ 56.99, AT&T Inc. T, + 2.07%, rose 2.07% to $ 29.57, and America Movil SAB de CV ADR Series L AMX, declined -0.65% by 0.65% to $ 13.70. The trade volume (6.1 million) eclipsed the 50-day average volume of 3.7 million.
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