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The Ratings Game: AT&T stock’s ‘historic’ plunge baffles Wall Street: ‘There is no fundamental explanation’

AT&T bulls were out to defend the telecommunications stock Friday in the wake of a historic post-earnings selloff. Read More...

AT&T Inc. bulls were out to defend the telecommunications stock Friday in the wake of a historic post-earnings selloff.

Shares of AT&T T were rallying 3.3% in Friday’s session after suffering a 10.4% decline in Thursday trading that marked the company’s second-worst percentage decline on record and one not seen at this magnitude in over two decades.

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