This telecom stock defied red Monday with a 6% surge
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AT&T (NYSE: T) saw a 6% increase in its stock price despite a tech-sector selloff, driven by strong fourth-quarter results. The selloff was influenced by the emergence of Chinese startup DeepSeek and its free AI offering.
January 28, 2025 | 12:15 pm
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AT&T's stock surged 6% due to strong Q4 results, defying a broader tech-sector selloff caused by DeepSeek's AI offering.
AT&T's strong Q4 results provided a positive catalyst for its stock, leading to a 6% increase despite a broader tech selloff. This indicates investor confidence in AT&T's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100