Shares of AT&T Inc. T inched 0.05% higher to $19.06 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.89% to 3,957.25 and Dow Jones Industrial Average DJIA falling 0.63% to 33,536.70. This was the stock’s third consecutive day of gains. AT&T Inc. closed $2.47 short of its 52-week high ($21.53), which the company achieved on May 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Verizon Communications Inc. VZ rose 0.03% to $38.31, Walt Disney Co. DIS fell 0.77% to $94.28, and Comcast Corp. Cl A CMCSA rose 0.32% to $34.13. Trading volume (37.3 M) remained 13.1 million below its 50-day average volume of 50.4 M.