AT&T's Stock Rises to $15.88 on November 3

AT&T(T) Stock Price

On November 3, AT&T's stock price increased by $0.15, or 0.95%, to reach a closing price of $15.88 per share. This uptick in the stock's value represents the performance of AT&T on that particular day in the stock market.

AT&T(T) Stock Analysis

On November 3, 2023, AT&T (T) closed at a stock price of $15.88 per share, marking a positive change of $0.15 or 0.95% compared to the previous day's closing price of $15.73. The stock had a daily trading range, with its highest point reaching $16.04 and the lowest being $15.83. After hours, AT&T's stock price showed minimal movement, decreasing by just $0.00010 or 0.00063%.

In terms of the stock's performance over the past year, it reached a 52-week high of $21.53 and a 52-week low of $13.43. The market capitalization for AT&T stood at $113.54 billion, making it a significant player in the telecommunications industry.

Moreover, AT&T's dividend yield was notably high, at 6.99%, which can be appealing to income-focused investors seeking stable returns. These figures reflect AT&T's position in the market on November 3, 2023, with a positive uptick in its stock value and a substantial market capitalization, along with an attractive dividend yield for potential investors.

AT&T(T) Stock-Key Data

AT&T(T)

AT&T formerly known as the American Telephone and Telegraph Company, is a prominent American multinational telecommunications holding company headquartered in Whitacre Tower in Downtown Dallas, Texas.

As of 2023, it is recognized as the world's third-largest telecommunications company by revenue and holds the distinction of being the largest wireless carrier in the United States. AT&T's influence in the business world is evident as it was ranked 13th on the Fortune 500 list of the largest United States corporations, boasting a substantial revenue of $120.7 billion.

The company's history dates back to the late 19th century when it began as the American District Telegraph Company in 1878. Through a series of mergers and expansions, it gradually evolved into the Southwestern Bell Telephone Company in 1920, which was a subsidiary of the American Telephone and Telegraph Company (AT&T). AT&T, in turn, was a successor of the original Bell Telephone Company founded by Alexander Graham Bell in 1877.

In 1885, the American Bell Telephone Company formed AT&T as a subsidiary, and by 1899, AT&T had become the parent company after the American Bell Telephone Company sold its assets to its subsidiary. The company underwent several rebrandings, ultimately becoming AT&T Corp. in 1994.