AT&T shares are trading higher, reversing from earlier weakness. The company reported mixed Q1 earnings but reiterated guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
AT&T shares are trading higher after reversing from earlier weakness. The company reported mixed Q1 earnings but has reiterated its guidance, which remains above estimates.
April 24, 2024 | 11:39 am
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AT&T shares are experiencing an uptick following mixed Q1 earnings, supported by the company's reiteration of its guidance above estimates.
The positive movement in AT&T's stock price can be attributed to the company's ability to maintain its guidance above market expectations, despite mixed Q1 earnings. This reiteration likely reassures investors about the company's future performance and stability, contributing to the stock's upward trajectory.
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