AT&T Stocks Surge Amid Market Turmoil and DeepSeek News
Tuesday, 28 January 2025, 11:59
AT&T's Strong Performance During Market Instability
On a day when much of the tech sector faced declines, AT&T's stocks surged by 6% due to impressive fourth-quarter results. The emergence of DeepSeek, a new Chinese AI startup, had sparked concern but did not deter AT&T's upward momentum.
Key Financial Highlights
- Stock Price: Ended at $24.14, marking a 24% increase over six months.
- One-Year Gain: At an impressive 39%.
- Subscriber Additions: 307,000 fiber subscribers in Q4 2024, the highest in history.
Future Outlook
As AT&T aims for low-single-digit growth in service revenue for 2025, the company remains committed to enhancing its 5G and fiber networks.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.