Communications Services Up On Growth Bias -- Communications Services Roundup
|05/13/2021 | 05:16pm|
Communications services companies rose as investors rotated back into growth sectors.
T-Mobile US Chief Financial Officer Peter Osvaldik said the cell-phone carrier would "stick to our playbook" with profitable discounts and avoid chasing rivals like AT&T, which is recruiting customers with aggressive smart-phone promotions.
Shares of Walt Disney fell after hours in the wake of the entertainment conglomerate's earnings report.
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