T-Mobile (TMUS) Stock Plummets Over 11% in Midday Trading
Shares of T-Mobile Us Inc, trading under the ticker TMUS on the NASDAQ, experienced a sharp decline during trading on April 25. As of 12:59 pm GMT-4, the stock price was recorded at 232.23 USD.
This represents a significant drop of 29.95 USD, equating to a loss of 11.42 percent for the day’s session. The negative momentum is stark compared to the previous closing price of 262.18 USD.
T-Mobile shares opened the day at 243.15 USD and briefly touched a high of 243.81 USD before beginning a steady descent. The stock reached an intraday low of 230.65 USD. The chart clearly illustrates a consistent downward trend throughout the morning and into the afternoon.
Key financial data displayed indicates T-Mobile has a market capitalization of 26.40KCr. The company’s Price to Earnings (P/E) ratio is listed at 24.03, and it offers a dividend yield of 1.52 percent.
Looking at the stock’s performance over the past year, TMUS has traded between a 52 week high of 276.49 USD and a 52 week low of 160.62 USD. Market participants are closely monitoring the stock’s significant movement on the NASDAQ exchange.
