AT&T on track in premarket for first gain in 11 sessions following lead update
After failing to close in positive territory for a 10th session in a row Tuesday, AT&T Inc. shares were tracking toward a gain in Wednesday’s premarket activity.
See more: AT&T to pause prior plans to remove lead cables under Lake Tahoe as it works with regulators The stock has gone 10 full trading sessions without notching a gain, factoring in one session of flat performance, and has fallen 16.6% over that 10-session stretch.The company late Tuesday held an analyst call and released a legal filing that left Oppenheimer’s Timothy Horan with the sense that the company’s exposure to lead cable was less than Wall Street initially expected, meaning potential removal costs could be lower than he had anticipated.
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