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Why AT&T Stock Soared This Week
Shares of AT&T (NYSE: T) leaped 14% this past week, according to data from S&P Global Market Intelligence. AT&T added 708,000 postpaid phone subscribers during the quarter, bringing its total year-to-date additions to more than 2.2 million. Postpaid subscribers pay monthly bills and are generally the most profitable customers for telecom companies.
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