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Here's Why AT&T Stock Jumped Today

Here's Why AT&T Stock Jumped Today

Shares of AT&T (NYSE: T) climbed more than 6% on Wednesday, following the release of the telecom titan's fourth-quarter earnings report. AT&T added 656,000 postpaid phone subscribers, who pay monthly bills and are generally wireless carriers' most profitable customers. For the full year, AT&T gained a total of nearly 2.9 million of these sought-after subscribers.