All three major US wireless carriers closed down double digits on the same day, a rare sweep for names usually bought as defensive income. Moderna's 13.8% gain topped the board on the other side.
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A 4.97% intraday slide to $40.87 is a rare one-day move for a $170 billion dividend anchor that investors own for stability. The $43 open is now the level to reclaim.
All three major US wireless carriers are at the bottom of the board at the open, with T-Mobile down 8.9% and AT&T and Verizon close behind. Optical names lead the other side, Applied Optoelectronics up 8.9%.
Charles E. Phillips, the former Oracle president who went on to run Infor, now has a board seat and a filing obligation at a $191.1 billion telecom hunting for enterprise software growth. His Form 3 means every future trade he makes in the stock is public, and the enterprise playbook he built is now inside Verizon's boardroom.
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