Shares of T-Mobile US Inc. TMUS, +0.14% inched 0.14% higher to $128.61 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.63% falling 0.63% to 4,602.45 and Dow Jones Industrial Average DJIA, -0.19% falling 0.19% to 35,228.81. This was the stock’s third consecutive day of gains. T-Mobile US Inc. closed $21.59 below its 52-week high ($150.20), which the company achieved on July 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Verizon Communications Inc. VZ, +0.70% rose 0.70% to $51.61, AT&T Inc. T, +0.63% rose 0.63% to $24.14, and America Movil S.A.B. de C.V. ADR Series L AMX, +0.67% rose 0.67% to $20.90. Trading volume (4.1 M) remained 1.5 million below its 50-day average volume of 5.5 M.
Sovos, Nomad, Kellogg, Mondelez, and Simply Good Foods are winners, says UBS analyst Cody Ross. He's neutral on Beyond Meat stock.
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