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Opening Glance: Telecom carriers mostly decline
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NEW YORK - Shares of telecommunications service providers opened mostly lower Friday as the broader market retreated following a disappointing quarterly report from insurer American International Group. Sprint Nextel inched slightly higher.
Here is a look at how some key telecom stocks performed Friday:
AT&T Inc. fell 30 cents to $38.56.
Sprint Nextel Corp. rose 25 cents, or 2.8 percent, to $9.26.
Verizon Communications Inc. fell 27 cents to $37.98.
Qwest Communications International fell 10 cents, or 2 percent, to $4.79.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Data is a real-time snapshot *Data is delayed at least 15 minutes