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Notable investors reduced AT&T shares, yet the company's stock rose 0.9% and beat earnings forecasts.
United Capital Financial Advisors and Gamco Investors have recently reduced their holdings in AT&T Inc. shares, selling off portions of their investments.
Despite this, AT&T's stock price has increased by 0.9%, and the company has beaten earnings expectations, reporting $0.54 per share compared to estimates of $0.48.
AT&T has a market capitalization of $197.35 billion and offers a dividend yield of 4.04%.
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Inversores notables redujeron las acciones de AT&T, sin embargo, las acciones de la compañía subieron un 0,9% y superaron los pronósticos de ganancias.