AT&T Inc (NYSE:T) witnessed its shares on Thursday marking the fourth consecutive day of gains, closing at $15.73, reflecting a 0.96% increase. This positive performance unfolded against the backdrop of a robust market, with both the S&P 500 Index and the Dow Jones Industrial Average posting impressive figures, reaching 4,317.78 and 33,839.08, respectively.
However, despite this upward trajectory for AT&T, the telecommunications giant’s performance still trails behind its competitors, notably Netflix (NASDAQ:NFLX), Walt Disney (NYSE:DIS) Co., and Comcast Corp (NASDAQ:CMCSA). At the end of Thursday’s trading session, Netflix concluded at $424.71, while Walt Disney Co. and Comcast Corp. closed at $83.29 and $42.50, respectively.
The trading volume for AT&T on Thursday reached 35.1 million shares, which, while substantial, fell slightly short of its 50-day average of 38.4 million shares. Additionally, despite the recent gains, AT&T’s closing price remains notably below its 52-week high of $21.53, achieved earlier this year on January 24th.
