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AT&T Is Cutting Its Dividend and Spinning Off WarnerMedia. Here’s How Much Its Stock Might Be Worth.

·4 min read
AT&T Is Cutting Its Dividend and Spinning Off WarnerMedia. Here’s How Much Its Stock Might Be Worth.
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AT&T's stock is the biggest loser in the S&P 500 on Tuesday. Its valuation depends on how much credit investors give the combined WarnerMedia/Discovery for its future streaming efforts.