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AT&T stock heads for worst day in 11 months as future dividend cut viewed as ‘somewhat surprising’

·3 min read
AT&T stock heads for worst day in 11 months as future dividend cut viewed as ‘somewhat surprising’
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AT&T Inc. shares are headed for their worst single-day performance in almost a year as investors continue to digest the company's decision to reshape its business yet again with a spinoff of WarnerMedia to Discovery Inc.