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home / news releases / IMKTA - AT&T: Buying With Both Hands As Shares Plunge

IMKTA - AT&T: Buying With Both Hands As Shares Plunge

Ingles Markets Incorporated Class A Common Stock

2023-05-28 02:19:01 ET

Summary

  • AT&T shares plunged 5% on May 25th, contributing to a 15.3% drop in share value so far this year.
  • The stock's decline may be due to concerns about the economy and competition from DISH Network's potential deal with Amazon.
  • The author believes AT&T is undervalued and has increased its stake in the company, citing robust financials and growth potential.

For further details see:

AT&T: Buying With Both Hands As Shares Plunge
Stock Information
Company Name: Ingles Markets Incorporated Class A Common Stock
Stock Symbol: IMKTA
Market: NASDAQ
Website: ingles-markets.com
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