Vodafone Group falls to $9.69 for the first time in 5 months, climbs up in after-hours trading

Vodafone Group Plc gains 0.81% in after-hours and trades at $9.9. This comes following a session of losses in which it closed at $9.82 after dropping to $9.69 for the first time in 5 months. The day's trading volume totalled 4.63 million shares — slightly under the 21-day average of 5.68 million.

Yesterday's closing bell ended a trading session in which Nasdaq climbed 2.19% and reached 12,976. Vodafone Group ended the day at $9.82, doing worse than the Communication Services sector which saw a 0.271% increase this session.

Also, the firm paid out a quarterly dividend of 44.8 cents per share on Friday, November 25th to all active shareholders as of Wednesday, November 23rd. Eligible investors secured a quarterly dividend yield of 18.25% for this year.

On the other hand, positive performances could be seen by looking at other communication services stocks as Netflix traded at $378.88 after closing yesterday's trading day at $359 (up 5.54%). Meta Platforms gained 3.7%, as it traded at $262.04. AT&T traded at $15.5 after closing yesterday's trading day at $15.15 (up 2.31%).

The iconic telecoms provider has recovered 0.81% since descending to a significant low of $9.82 around a day ago. So far this year, it has been under-performing the Nasdaq by 25.56%. The telecoms giant's market cap currently stands at $26.51 billion with an average daily trading volume of 5.68 million shares.