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Why Shares of AT&T Popped in January

Why Shares of AT&T Popped in January

Shares of AT&T (NYSE: T) popped 10.6% in January, according to data from S&P Global Market Intelligence. The telecommunications company reported it had strong subscriber growth across its business lines in the fourth quarter, leading investors to bid up the stock. After the company spun off its entertainment division last year, investors are appreciating a more streamlined strategy to grow phone and broadband subscribers.