Stock Track | Telephone and Data Plummets 5.98% Intraday Following Raymond James Downgrade and Light Q1 Results

Stock Track

05/12

Telephone and Data's stock plummeted 5.98% during intraday trading on Monday, reflecting significant negative sentiment among investors.

The sharp decline followed a downgrade by Raymond James, which moved the stock's rating from Outperform to Market Perform. The firm cited the company's "light" first-quarter results as a key factor in its decision.

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