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Why AT&T Stock Is Rising Today

TheMotleyFool

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Why AT&T Stock Is Rising Today: https://g.foolcdn.com/editorial/images/784445/gettyimages-1281453458.jpg

Shares of the telecommunications giant AT (NYSE: T) popped this morning after the company released second-quarter results showing strong subscriber growth and impressive free cash flow.

AT's stock was up 4.9% as of 11:56 a.m. EDT.

AT's earnings and revenue were nothing to write home about this quarter. Sales fell slightly to $29.8 billion and were below analysts' consensus estimate of $30.1 billion.

Source Fool.com