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    AT&T stock on track to close at its highest level in over 3 years

    Mars Posted on

    AT&T Inc. shares are rising on the heels of earnings, as they head toward levels not seen since May 2021.

    The telecommunications stock recently changed hands at $22.48, up 4.5%. This would be its highest close since May 21, 2021, when it finished at $22.66, according to Dow Jones Market Data.

    While the company took on a charge of more than $4 billion related to its business landline segment, AT&T’s report provided other positives, including higher free cash flow than additions of postpaid telephone subscribers.

    Mars
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