T-Mobile Stock Tumbles Over 11% Amid Heavy Selling Pressure
T-Mobile Us Inc (NASDAQ: TMUS) shares faced a dramatic decline during Thursday’s trading session, ending the day significantly lower. The stock closed at 232.77 USD on April 25th, according to market data. This marked a steep drop of 29.41 USD, representing an 11.22 percent decrease for the day and indicating intense selling activity.
The official market close occurred at 7:56 pm GMT-4. In subsequent after hours trading, T-Mobile shares edged slightly lower, indicated at 232.25 USD. This represented a further decrease of 0.52 USD or 0.22 percent from the closing price.
Analyzing the trading day on April 25th, T-Mobile stock opened the session at 243.15 USD, already showing weakness. The shares reached an intraday high of 243.81 USD early on before succumbing to heavy selling pressure, eventually hitting a low of 230.64 USD. The closing price of 232.77 USD was substantially below the previous day’s close of 262.18 USD, as depicted by the sharp downward trend on the intraday chart.
Key financial information for T-Mobile includes a market capitalization listed as 26.46KCr. The company’s Price to Earnings (P/E) ratio stands at 24.08. T-Mobile currently provides shareholders with a dividend yield of 1.51 percent.
Thursday’s significant drop places T-Mobile shares further away from their recent highs. The stock’s 52 week high is recorded at 276.49 USD, while its 52 week low is 160.62 USD. This substantial move in T-Mobile’s stock garnered significant attention from investors in the United States telecommunications sector.
