Shares of T-Mobile US Inc.
slipped 1.43% to $127.07 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.85% to 4,480.70 and the Dow Jones Industrial Average
rising 0.68% to 34,814.39. This was the stock's ninth consecutive day of losses. T-Mobile US Inc. closed $23.13 short of its 52-week high ($150.20), which the company achieved on July 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Verizon Communications Inc.
rose 0.29% to $54.57, AT&T Inc.
rose 0.88% to $27.57, and America Movil S.A.B. de C.V. ADR Series L
fell 0.26% to $18.93. Trading volume (8.7 M) eclipsed its 50-day average volume of 4.1 M.