Your email has been successfully added to our mailing list.

×
-0.000645786244752973 -0.0017759121730707 -0.00452050371327093 -0.00279948337100421 -0.0027437056165267 -0.000322788896061911 0.00112976113621692 -0.00177533892834086
Stock impact report

AT&T Just Lost Over 1 Million TV Subscribers -- And It's Going to Get Worse [The Motley Fool]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Company Research Source: The Motley Fool
AT&T(NYSE:TThe subscriber losses are absolutely staggering compared to its biggest competitor,ComcastNASDAQ:CMCSAlosses will increase this yearTo make matters worse, AT&T's management thinks there's a good possibility its subscriber losses will get worse throughout the rest of the year due to the economic effects of COVID-9.Image source: Getty Images.Businesses don't need TV subscriptions if they're not openAT&T will see a lot of cord-cutting come from businesses this quarter as doors remain closed, and it doesn't look like many will open to the general public for some time. CFO John Stephens said he expects "lower revenues from commercial locations such as hotels, bars, and restaurants."AT&T doesn't break out how many of its customers are businesses versus residential. About .% of Comcast's video subscribers are businesses, though, so the cord-cutting effect could be substantial. It's unclear whether those customers will resubscribe when businesses ramp back up, or if they'll opt for Show less Read more
Impact Snapshot
Event Time:
T
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for T alerts
Opt-in for
T alerts

from News Quantified
Opt-in for
T alerts

from News Quantified