this post was submitted on 18 Jul 2023
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AT&T stock fell to 29-year low on Friday and sank another 6.7% today (arstechnica.com)
submitted 1 year ago by PopBobert@lemmy.world to c/technology@lemmy.world
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AT&T's stock price hit a 29-year low on Friday and continued to sink today as investors fled telecom stocks on reports that cleanups of lead-covered telephone cables could cost the industry tens of billions of dollars.

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[–] EnderWi99in@kbin.social 1 points 1 year ago

You know companies need to exist so you can have and do nearly everything you rely on in your life right? Unless you want the state to control all means of production, which I would not recommend, there is a lane where corporations do need to exist and you're absolutely free to invest in their businesses (or not) just like everyone else.