AT&T Inc. stock rises Monday, still underperforms market

AT&T Inc. stock rises Monday, still underperforms market

Shares of AT&T Inc. T, +0.98% inched 0.98% higher to $28.93 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.40% rising 1.40% to 4,224.79 and the Dow Jones Industrial Average DJIA, +1.76% rising 1.76% to 33,876.97. The stock’s rise snapped a three-day losing streak. AT&T Inc. closed $4.95 short of its 52-week high ($33.88), which the company achieved on May 17th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Verizon Communications Inc. VZ, +1.02% rose 1.02% to $56.39, Walt Disney Co. DIS, +0.90% rose 0.90% to $173.97, and Comcast Corp. Cl A CMCSA, +1.01% rose 1.01% to $57.28. Trading volume (33.5 M) remained 13.7 million below its 50-day average volume of 47.2 M.

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