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AT&T's $1.174 Billion Trading Day Lands 72nd in Market Activity
Generated by AI AgentAinvest Market Brief
Wednesday, Apr 23, 2025 7:38 pm ET1min read
On April 23, 2025,
(T) saw a trading volume of $1.174 billion, ranking 72nd in the day's market activity. The stock rose by 0.85%, marking its second consecutive day of gains, with a total increase of 3.27% over the past two days.AT&T reported earnings and revenue surprises of -1.92% and 0.61% respectively for the quarter ending March 2025. The company's first-quarter wireless postpaid phone subscriber additions exceeded expectations, contributing to a positive market response.
AT&T's first-quarter revenue reached $30.6 billion, a 2% increase from the same period in 2024. This growth was driven by higher take rates and strong subscriber additions, which bolstered investor confidence in the company's performance.
Despite the positive earnings report, AT&T maintained its fiscal 2025 outlook, which was below market expectations. This cautious stance may have tempered some of the enthusiasm surrounding the stock's recent gains.
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