T-Mobile opened at $141.27 Friday before posting solid session gaining 0.66%

Published: March 19 2023, 19:11 GMT+0

T-Mobile opened at $141.27 Friday before posting solid session gaining 0.66%

Friday at a glance: T-Mobile moves up 0.66% to close at $142.45 Friday.

  • Daily trading volume (8 million shares) was higher than the current multiday average of 4.85 million.

Friday's closing bell ended a trading session in which S&P 500 ended the session at 3,916.64, having lost 1.1%. Nasdaq closed at 11,631. T-Mobile's gains were in line with the Communication Services sector which was up 0.216% as a whole.

On a negative trend for around a month. So far this year, it has been under-performing the Nasdaq by 6.35%. The company is currently trading with a market cap of $173.70 billion with an average daily trading volume of 4.85 million shares. T-Mobile expected revenue of $20.60 billion with an EPS of $1.1.

This rally in T-Mobile's share price coincided with other communication services stocks as Alphabet was up 1.38%.

While T-Mobile was bullish Friday, the following communication services stocks underperformed: Meta Platforms went down to $195.61, losing 4.55% after it closed at $204.93 Friday. AT&T decreases 1.41% Friday to close at $18.39.

Back