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Benzinga
Benzinga
Business
Joel Elconin

PreMarket Prep Stock Of The Day: AT&T Spins Out

If you are surprised by the announcement of a dividend cut and the spinoff of WarnerMedia by AT&T (NYSE:T), you shouldn't be. It was announced on May 17, 2021, and the Street did not take a liking to it.

The investor reaction to the “old news” makes AT&T Tuesday's PreMarket Prep Stock of the Day.

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