AT&T Stock Gets Buried on Merger But What Do the Charts Say? $T $WBD

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Shares of AT&T  (T) – Get AT&T Inc. Report are getting crushed on Monday, at the moment down nearly 20% on the day. The inventory has been rallying for the reason that open, however on the lows, it was down about 22%.

Given the way in which AT&T inventory was buying and selling over the past two weeks, traders have been certainly stunned as they woke as much as Monday’s value motion. Or have been they?

In the present day’s motion shouldn’t be the actual motion, essentially.

AT&T completed its merger with Discovery on Friday — now beneath the ticker image “ (WBD) “— creating Monday’s cut up of the property and companies.





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