Shares of T-Mobile US Inc. TMUS, -0.54% slumped 0.54% to $119.91 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.62% rising 0.62% to 4,725.79 and the Dow Jones Industrial Average DJIA, +0.55% rising 0.55% to 35,950.56. This was the stock’s second consecutive day of losses. T-Mobile US Inc. closed $30.29 below its 52-week high ($150.20), which the company reached on July 16th.
The stock underperformed when compared to some of its competitors Thursday, as Verizon Communications Inc. VZ, -0.17% fell 0.17% to $52.68, AT&T Inc. T, +0.36% rose 0.36% to $24.87, and America Movil S.A.B. de C.V. ADR Series L AMX, +0.19% rose 0.19% to $20.75. Trading volume (3.0 M) remained 2.2 million below its 50-day average volume of 5.2 M.
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