This post was originally published on this site
However, the stock has declined 10.1% in price over the past year and 17.5% over the past three months.
Furthermore, closing the last trading session at $121.22, TMUS’ stock is trading 19.3% below its 52-week price high of $150.20 which it hit on July 16, 2021, indicating bearish sentiment. In addition, an ongoing class-action lawsuit related to a data breach could raise investor concerns surrounding the stock. Moreover, given the stock’s steep valuation and weak fundamentals, it could be a risky bet now.
