Shares of AT&T Inc. (NYSE:T) have been in a freefall…and no one seems to know why.
The company hasn’t made any comments. Neither have most of the pundits in the financial media. It’s a rare thing to see big companies like this make such dramatic moves when there is no news out.
See Also: AT&T And Verizon Shares Drop Below Support
Traders are keeping a close watch on this.
Eventually whatever is driving this move will end. And if it was an overreaction or short-term anomaly, there’s a good chance shares rip higher.
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Photo: Luismt94/Wikimedia.
