Shares of T-Mobile US Inc.
slid 1.58% to $142.22 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.46% to 4,402.66 and Dow Jones Industrial Average
falling 0.92% to 34,792.67. This was the stock’s second consecutive day of losses. T-Mobile US Inc. closed $7.98 short of its 52-week high ($150.20), which the company reached on July 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Verizon Communications Inc.
fell 0.65% to $55.37, AT&T Inc.
fell 1.21% to $27.85, and America Movil S.A.B. de C.V. ADR Series L
fell 1.18% to $16.82. Trading volume (4.5 M) eclipsed its 50-day average volume of 3.8 M.