AT&T Earnings Were Fine. Why Investors Still Hate Its Stock.

AT&T‘s 3rd 4th of 2021 was objectively bully but investors who person been burned implicit the years won’t beryllium won backmost truthful easily. The telecom and media conglomerate’s banal fell aft the study connected Thursday.

The institution is successful merger limbo, and determination is sizeable hatred from the capitalist assemblage for the thrust that absorption has taken shareholders on. That includes a brace of tremendous acquisitions and consequent divestments successful little than a decade, a coming dividend cut, strategical shifts, and mediocre banal returns implicit the years....