AT&T stock jumps as CEO Stankey defends dividend in new growth plan – TheStreet

AT&T’s stock saw a significant increase as CEO Stankey defended the company’s dividend in a new growth plan. The stock jumped following Stankey’s announcement, reassuring investors about the company’s future prospects. In the plan, Stankey outlined AT&T’s strategy for growth and highlighted the importance of maintaining the dividend amidst the changing market conditions. The CEO’s commitment to the dividend helped boost investor confidence in AT&T’s long-term stability and profitability. Overall, the market responded positively to the news, driving up the company’s stock price.