T-Mobile Stock Is Downgraded as Wireless Industry Faces a ‘Great Deceleration’

T-Mobile US

stock was falling Monday after an analyst downgraded shares of the wireless carrier amid concerns over subscriber growth.

Craig Moffett, an analyst at MoffettNathanson, a division of SVB Securities, downgraded shares of T-Mobile (ticker: TMUS) to Market Perform from Outperform. Subscriber growth is slowing in the wireless carrier industry and T-Mobile isn’t immune, Moffett wrote in a research note, calling the slowdown the “great deceleration.”

Source: https://www.barrons.com/articles/t-mobile-stock-downgraded-51675697567?siteid=yhoof2&yptr=yahoo