T-Mobile US Inc. stock rises Friday, still underperforms market

T-Mobile US Inc. stock rises Friday, still underperforms market

Shares of T-Mobile US Inc. TMUS, +1.03% rallied 1.03% to $134.11 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +2.47% rising 2.47% to 4,158.24 and the Dow Jones Industrial Average DJIA, +1.76% rising 1.76% to 33,212.96. This was the stock’s third consecutive day of gains. T-Mobile US Inc. closed $16.09 short of its 52-week high ($150.20), which the company achieved on July 16th.

The stock outperformed some of its competitors Friday, as Verizon Communications Inc. VZ, +0.80% rose 0.80% to $51.40, AT&T Inc. T, -0.14% fell 0.14% to $21.29, and America Movil S.A.B. de C.V. ADR Series L AMX, +0.58% rose 0.58% to $22.57. Trading volume (3.3 M) remained 1.8 million below its 50-day average volume of 5.1 M.

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