T-Mobile Stock Slides as Subscriber Growth Disappoints
Wireless network stock T-Mobile US Inc (NASDAQ:TMUS) is down 9.2% at $238.17 at last glance, brushing off better-than-expected first-quarter earnings and revenue after disappointing subscriber growth. The company added 495,000 monthly bill-paying customers, outperforming AT&T (T) and Verizon (VZ), but the figure fell short of analysts' estimated 506,400. The 160-day moving average, which TMUS hasn't dropped below since October 2023, lingers just below as support for today's bear gap. Moving further from its ...