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Why AT&T Stock Jumped Today

TheMotleyFool

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AT (NYSE: T) stock moved higher in Monday's trading. The telecommunications company's share price gained 1.6% in the daily session amid a 0.1% gain for the S 500 index and a 0.3% gain for the Nasdaq Composite index.

In addition to some positive momentum for the broader market, AT stock actually got a lift from its biggest competitor's latest earnings report. published its second-quarter results before the market opened today, and investors saw its numbers as a bullish indicator for the broader telecom space.

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Source Fool.com