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AT&T stock fell to 29-year low on Friday and sank another 6.7% today (arstechnica.com)

submitted 1 year ago by [email protected] to c/[email protected]

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AT&T's stock price hit a 29-year low on Friday and continued to sink today as investors fled telecom stocks on reports that cleanups of lead-covered telephone cables could cost the industry tens of billions of dollars.

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[–] [email protected] 13 points 1 year ago

Also, a majority of stocks are never traded, really. It's just sitting there in ETF or other funds/depots without ever being looked at.

The short term price differences are solely based on valueless trades back and forth.