AT&T Shares Fall Nearly 8% After Third-Quarter Results

AT&T shares fell nearly 8% Friday, closing at $20.93, two days after the company released third-quarter 2026 results that paired solid operating performance with a sharp increase in net leverage.

The results came Wednesday, Oct. 21. AT&T had been scheduled to report that day, as noted in an earlier earnings preview.

The stock’s Friday decline followed a quarter that presented investors with contrasting signals: solid operating measures and higher net leverage.