SPY - AT&T: The Biggest Problem With Congress And The Spinoff News
- Congress now has antitrust worries and racial representation concerns with AT&T's WarnerMedia deal with Discovery.
- Further, while many investors believe that spinoffs have a net positive impact on stock prices, the longer-term research is mixed.
- Several examples of spinoffs are reviewed, including the performance of a spinoff-based ETF versus the S&P 500 and Nasdaq 100.
- Taken as a whole, AT&T is in a difficult situation caused by excessive levels of uncertainty.
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AT&T: The Biggest Problem With Congress And The Spinoff News